Weekly Vessel Scrapping Report: 2014 Week 26

by VesselsValue.com
Thursday June 26, 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 19th - 25th, 2014

Sale Date    Sold Name    Vessel Type    Year    Seller   
06/25/2014    Ocean Rich    HANDY BC    1981    Hengfa Shipping   
06/25/2014    Trans Ocean Progress    HANDYMAX BC    1987    Transocean Shipping Lines   
06/25/2014    Rockaway Belle    HANDY BC    1984    TBS International plc   
06/24/2014    Abris    HANDY BC    1985    Atlantic Shipping   
06/24/2014    Rose    SMALL CLEAN TNKR (Chemical / Product)    1984    Prayati Shipping   
06/24/2014    MSC Fuji    SUB PANAMAX CONT    1997    Reederei NSB   
06/24/2014    Venus    SINGLEDECKER    1980    Zahra Maritime   
06/24/2014    Nazli Deniz    SMALL HANDY BC    1974    Yenal Shipping Agency   
06/24/2014    Gaz Pioneer    SP FR LPG (Small)    1982    Naftomar Shipping and Trading   
06/24/2014    MSC Jade    PANAMAX CONT    1986    MSC   
06/24/2014    Theresa Mars    SMALL CHEMICAL PARCEL TNKR    1987    Raffles Shipping G   

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