Weekly Vessel Scrapping Report: 2016 Week 21

by VesselsValue.com
Thursday June 2, 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 May 26 – June 1, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
01-06-2016     Galli     SUB PANAMAX CONT     28-06-1996     Hammonia Reederei    
01-06-2016     Chennai Jayam     HANDYMAX     01-01-1983     India Cements Ltd    
01-06-2016     Exemplar     CAPESIZE     01-09-2001     Unknown Chinese    
01-06-2016     Santa Giulietta     SUB PANAMAX CONT     01-03-1997     Offen Claus-Peter    
01-06-2016     Xiang Rui Men     MPP     01-01-1989     NASCO    
01-06-2016     IDM Symex     PCTC     01-01-1988     Union Marine Management Services Pte    
01-06-2016     Marina Star 3     FEEDERMAX     01-01-1983     Meratus Line    
31-05-2016     Hijau Muda     SMALL HANDY BC     01-11-1996     Salam Pacific    
31-05-2016     Marina Ace     PCTC     28-03-1987     Kansai Steamship Co    
31-05-2016     Ever Glory 3     HANDY BULKER     01-01-1983     Universal International Corp    
31-05-2016     Brother Glory     HANDYMAX     01-03-1998     Zodiac Maritime    
31-05-2016     MOL Promise     POST PANAMAX CONT     01-04-2002     Shoei Kisen    
31-05-2016     MOL Precision     POST PANAMAX CONT     01-03-2002     Shoei Kisen    
31-05-2016     Shin Chun     FEEDERMAX     15-03-1987     Wan Hai Lines    
31-05-2016     Suchada Naree     HANDY BULKER     03-08-1994     Precious Shipping    
31-05-2016     Assimina     PANAMAX BULKER     30-06-1997     PL Shipping    
26-05-2016     Best Honor     HANDYMAX     01-01-1992     Skaarup Shipping Corporation    
26-05-2016     Ever Reward     PANAMAX CONT     15-03-1994     Evergreen Marine Corp    
26-05-2016     Stolt Aquamarine     HANDY TANKER     01-06-1986     Stolt Tankers    

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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