Weekly Vessel Scrapping Report: 2016 Week 3

by VesselsValue.com
Thursday January 21, 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 January 14 – January 20, 2016

Sale Date        Sold Name     Vessel Type     Built Date       Seller    
20-01-2016     Cape Olive     CAPESIZE     29-07-1996     Cyprus Sea Lines    
19-01-2016     Taroko      CAPESIZE     01-04-1996     Vista Shipping    
18-01-2016     Zosco Zhoushan     CAPESIZE     01-10-1994     ZOSCO     
18-01-2016     Rutland      CAPESIZE     01-04-1997     Zodiac Maritime    
19-01-2016     Dona Maria     HANDY BC     01-01-1983     Narval Shipping Corp    
19-01-2016     Era      HANDY BC     22-08-1984     Gamma Shipping    
19-01-2016     Zhang Hong 2     HANDY BC     01-01-1983     Yu Pin Shipping Corp    
18-01-2016     Mahmut Saka     HANDY BC     01-01-1984     Vakif Finansal Kiralama AS    
14-01-2016     Fancy      HANDYMAX BC     01-08-1996     Murali Maritime    
19-01-2016     Tian Zhu Feng     PANAMAX BC     01-10-2000     China Shipping International Shipmgnt.    
18-01-2016     Elite      PANAMAX BC     01-03-1996     Hong Sheng Da Shipmanagement    
18-01-2016     Samos Legend     PANAMAX BC     01-01-1996     Samos Island Maritime    
18-01-2016     Fengli 9     PANAMAX BC     01-04-1994     Glory Asia Ocean Shipping    
18-01-2016     Annoula K     PANAMAX BC     01-01-1989     Unimed Navigation SA    
15-01-2016     Mighty Michalis     PANAMAX BC     28-02-1995     Arion Management    
18-01-2016     Ever Respect     PANAMAX CONT     22-11-1995     First Ship Lease Trust    
18-01-2016     Ever Radiant     PANAMAX CONT     14-06-1994     First Ship Lease Trust    
20-01-2016     Bukhta Slavyanka     SMALL CLEAN TNKR     01-01-1977     Tranzit Sever    
15-01-2016     Andreas      SUB PANAMAX CONT     01-04-1998     Rickmers Reederei KG    

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