Weekly Vessel Scrapping Report: 2014 Week 31

by VesselsValue.com
Thursday July 31, 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 July 24th - 30th, 2014

Sale Date     Sold Name     Vessel Type     Age    Seller    
07/30/2014     Samho Crown     VLCC       18     Samho Shipping Co    
07/30/2014     Kai Tong     HANDYMAX BC     28     Harmony Growing    
07/30/2014     Ragga     MR TNKR (Chem / Product)     31     Qeshm Ramouz Gostar    
07/30/2014     Hong Wei     HANDY CONTAINER       28     Hongyuan Marine    
07/30/2014     Hong Hao     HANDY CONTAINER       20     Hongyuan Marine    
07/30/2014     Hong Peng     HANDY CONTAINER       20     Hongyuan Marine    
07/30/2014     Heng Tong 3     HANDY BC     32     Fuzhou Minlun Shipping    
07/30/2014     Hai Hao     HANDYMAX BC     28     Unknown Chinese    
07/30/2014     Xin Hai Hao     SMALL HANDY BC     30     Tianjin Marine 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.

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