Weekly Vessel Scrapping Report: 2018 Week 19

by VesselsValue.com
Thursday May 10, 2018

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  May 3 – May 9, 2018

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
08-05-2018     Hercules M     AFRAMAX     15-02-1996     PETROVIETNAM    
08-05-2018     Pacific Energy     AFRAMAX     29-01-1998     LL Energy    

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