Weekly Vessel Scrapping Report: 2014 Week 20

by VesselsValue.com
Friday May 16, 2014

As a credit manager, the last thing you want to discover when chasing an invoice is the vessel you bunkered 4 weeks ago has just been sold for scrap. And today, the risk of that happening is greater than its ever been.

To help keep on top of the most recent changes in the world fleet, every week thanks to online maritime intelligence and information service VesselsValue.com, we tell you which vessels have been sold for demolition in the last week.

Demolition Sales May 8th - 15th, 2014

Sale Date    Sold Name    Vessel Type    Seller   
05/13/14    MOL Tyne    POST PANAMAX CONT    1995    MOL   
05/13/14    MOL Loire    POST PANAMAX CONT    1995    MOL   
05/13/14    Magdalene    CAPESIZE    1989    Blumenthal Johann   
05/13/14    Unity    FEEDERMAX    1990    Shreyas Shipping   
05/12/14    Messologi    PANAMAX CONT    1991    Danaos Shipping   
05/09/14    Duka    POST PANAMAX CONT    1992    Danaos Shipping   

About VesselsValue.com

VesselsValue.com is the online intelligence and information service used by the world's leading commercial and investment banks, private equity, investment and hedge funds, shipowners and operators, lawyers, accountants and brokers.

With our core of belief in speed, usability and convenience, we provide instant and unbiased values at the click of a button, helping existing and potential shipping investors better quantify risk, improve reporting and identify opportunity, saving time and money.

To contact the editor responsible for this story email us at editor@shipandbunker.com