Weekly Vessel Scrapping Report: 2014 Week 24

by VesselsValue.com
Thursday June 12, 2014

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 June 5th - 11th, 2014

Sale Date    Sold Name    Vessel Type    Seller   
06/10/14    MSC Hina    HANDY CONTAINER    1984    MSC   
06/10/14    Global Eminence    SMALL CHEMICAL TNKR    1983    Ocean Grow International   
06/10/14    New Valor    VLCC    1992    Associated Maritime   
06/06/14    Bateel    LR1 TNKR    1987    Bakri Navigation   

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