Weekly Vessel Scrapping Report: 2014 Week 41

by VesselsValue.com
Thursday October 9, 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 October 2nd - 8th, 2014

Sale Date     Sold Name     Vessel Type     Age     Seller    
10/03/2014     Song Tai Shan 5     FULLY PRESS LPG     31     Shanghai Huachen Shipping    
10/03/2014     Jin Jiang Shan     SINGLEDECKER       30     East Maritime Services SA    
10/07/2014     Xin Peng     HANDY BC     30     Zhonghang Maritime    
10/07/2014     C Corsier     CAPESIZE     23     Chang Myung Shipping    
10/07/2014     Sino Grace     PANAMAX BC     25     Hong Kong Hua Wei Shipping    
10/07/2014     SCF Arctic     MIDSIZE LNG     45     Sovcomflot    
10/07/2014     Yialia     PANAMAX BC     24     Karlog Shipping    
10/07/2014     Isla de Cedros     PANAMAX BC (Self Disc)     32     Fairmont Shipping    
10/07/2014     Xing Hua     HANDY BC     37     Fujian Huarong Marine    
10/07/2014     Arena     PANAMAX BC     27     Samsun Logix Corp    
10/07/2014     Zim Iberia     PANAMAX CONT     17     ZIM    

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