Features
Weekly Vessel Scrapping Report 2025: Week 8
by 
Thursday February 27, 2025
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 February 20 – February 26, 2025
| Sale Date | Sold Name | Vessel Type | Built Date | Seller |
| 25-02-2025 | Schumi 7 | FULLY PRESSURISED | 17-01-1996 | Siam Lucky Marine |
| 21-02-2025 | Bluefins | PANAMAX MT | 30-03-2001 | Expanse Ship Management |
| 21-02-2025 | Eponyma | MPP | 31-03-1993 | Bintang Mas Shipping |
| 21-02-2025 | Finlandia Seaways | RO-RO | 14-08-2000 | DFDS |
| 21-02-2025 | Iris of Sea | RO-LO | 14-12-1992 | Sea Gate Management |
| 20-02-2025 | B LPG Sophia | FULLY PRESSURISED | 25-11-1997 | Worldera |
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Feb 24"I know it was the right fit moving forward with this team and organization, as we grow out the marine fuel business," he tells Ship & Bunker. -
Feb 19Seascale Energy will combine of Cargill's bunker unit Pure Marine Fuels and Hafnia's Bunker Alliance, its managers tell Ship & Bunker. -
Feb 26Pertamina International Shipping CEO Yoki Firnandi, as well as Riva Siahaan, president director of the state-owned firm's sales arm, were among seven people arrested on Monday in relation to an oil-market investigation. -
Feb 24The firm saw bunker volumes of 16.6 million mt last year, down by 1.5% on the year and the lowest annual total since public data begins in 2015. -
Feb 27Goel's lawyers are seeking to block a $118 Million UAE judgement against him from being enforced in the UK, they tell Ship & Bunker. -
Feb 24The new firm, 129Knots, has been launched with a $10 million investment led by bunker firm Sing Fuels and a $500 million deal pipeline, co-founder Mahesh Kumar tells Ship & Bunker. -
Feb 26Attendees at Argus Media's Future Fuels forum doubt maritime's ability to reach net-zero by 2050, but the market is taking shape nevertheless. -
Feb 27William Cline has joined Burando Energies as managing director of its division in San Diego as of last month. -
Feb 21President Jose Raul Mulino has said a decision to extend the licence of VT to 2029 is being cancelled. -
Feb 27Shell projects LNG bunker demand to reach 16 million mt by the decade's end, with container ships accounting for a significant share of the growth.