Weekly Vessel Scrapping Report: 2014 Week 52

by VesselsValue.com
Thursday December 25, 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 November 18 - December 24, 2014

Sale Date     Sold Name     Vessel Type     Age     Seller    
12/18/2014     Yu Qi Hai     PANAMAX BC     34     COSCO Guangdong    
12/19/2014     Hong Ocean     POST PANAMAX BC     25     Hongyuan Marine    
12/19/2014     Qing Quan Shan     POST PANAMAX TNKR (CLEAN)      28     China Shipping Tanker    
12/23/2014     Paris Y     SMALL HANDY BC     35     Eastern Shipping Co    
12/23/2014     Gas Coral     LEG     31     Unknown Singaporean    

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.

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