Weekly Vessel Scrapping Report: 2016 Week 18

by VesselsValue.com
Thursday May 12, 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 5 – May 11, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
09-05-2016     Shin Ondo     CAPESIZE     18-11-1996     NYK Line    
09-05-2016     Onga     CAPESIZE     01-03-2001     NYK Line    
05-05-2016     Badri Prasad     CAPESIZE     29-03-1990     Essar Shipping    
09-05-2016     Erawan     FPSO TANKER     01-01-1965     Chevron Shipping    
11-05-2016     Tolmi     HANDY BULKER     01-01-1989     Efthymiou D Shipping    
10-05-2016     Arwad Tower     HANDY BULKER     05-06-1985     GMZ Ship Management    
10-05-2016     Hua Tai     HANDY BULKER     01-01-1984     Hua Tai Shipping    
09-05-2016     Algomarine     HANDY BULKER     01-01-1968     Algoma Central Corp    
09-05-2016     Taurus     HANDY CONTAINER     01-01-1998     Alpha Ship    
09-05-2016     Genco Marine     HANDYMAX     01-05-1996     Genco Shipping and Trading    
09-05-2016     Span Asia 17     MPP     01-01-1981     Philippine Span Asia Carrier    
09-05-2016     Kedung Mas     MPP     01-06-1983     Temas Line    
11-05-2016     Conti Melbourne     POST PANAMAX CONT     01-11-2000     Reederei NSB    
05-05-2016     Dom     POST PANAMAX CONT     01-05-2001     DS Schiffahrt    
09-05-2016     Adela     SMALL TANKER     01-06-1982     Adena Maritime    
09-05-2016     Classica     SUB PANAMAX CONT     01-05-1998     Gebruder Winter    

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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