Weekly Vessel Scrapping Report: 2016 Week 17

by VesselsValue.com
Thursday May 5, 2016

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 April 27 – May 4, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
04-05-2016     Confidence Ocean     HANDYMAX     01-11-1996     Qingdao Huiquan Shipping Co    
04-05-2016     Tharinee Naree     HANDY BULKER     30-11-1994     Precious Shipping    
04-05-2016     Silver Star     HANDY BULKER     01-01-1983     Tuan Huy Shipping    
03-05-2016     Hua Xiang     HANDY BULKER     01-01-1986     Unknown Chinese    
03-05-2016     Carina     PANAMAX BULKER     01-02-1997     Shanghai Puyuan Shipping    
03-05-2016     Sirius     HANDY CONTAINER     01-06-1998     Nanjing King Ship Management    
03-05-2016     Champion     SUB PANAMAX CONT     16-03-1998     Nanjing King Ship Management    
03-05-2016     Master     SUB PANAMAX CONT     01-12-1997     Hansa Treuhand KG    
03-05-2016     Faisal     AFRAMAX     01-01-1990     Red Sea Marine Services    
03-05-2016     Golden Trust     CAPESIZE     04-07-1996     Jiangsu Huaxi Ship Management    
28-04-2016     Marimar Gas     SP FR LPG (Lrg)     23-10-1981     Benelux Overseas    
28-04-2016     Alpha Flame     PANAMAX BULKER     01-02-1999     Alpha Bulkers Shipmanagement Inc    

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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