Weekly Vessel Scrapping Report: 2017 Week 39

by VesselsValue.com
Thursday October 12, 2017

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  October 5 – October 11, 2017

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
11-10-2017     Xinghangjunhao     PANAMAX BULKER     01-07-2001     Unknown Chinese    
11-10-2017     Paragon L1111     JACK UP DRILL RIG     01-05-1982     Paragon Offshore    
11-10-2017     Union Demeter     MPP     01-09-1986     Tranglory Shipping    
11-10-2017     Kriti Amethyst     HANDY TANKER     01-06-1996     Avin International    
10-10-2017     Shi Dai 7     PANAMAX BULKER     28-09-1993     Shanghai Time Shipping    
10-10-2017     Yin Shi     HANDYMAX     11-07-1994     Shanghai Time Shipping    
10-10-2017     Fu Xing     TWEENDECKER     10-02-1995     Weihai Safe Ocean    
10-10-2017     Hai Wang Xing     HANDY BULKER     12-06-1995     Shanghai Time Shipping    
10-10-2017     Bintang Jasa 31     SINGLEDECKER     14-12-1991     Bintang Jasa Samudra Line    
09-10-2017     Sea Merchant     MPP     09-07-1981     Al Ryadh Trading FZCO    
09-10-2017     Lourdes     AHTS     09-10-1981     Blue Marine Services    
09-10-2017     Woolamai     PANAMAX CONT     04-07-2002     XT Shipping Group    
09-10-2017     Panormitis AV     HANDYMAX     15-01-1996     Unibulk Shipping Enterprises    
08-10-2017     Atlantic Conveyor     RO-RO     01-01-1985     ACL    
05-10-2017     Scandinavian Reefer     REEFER     01-01-1992     Chartworld Shipping    
05-10-2017     Orion     HANDY CONTAINER     06-01-1998     Alpha Ship    
05-10-2017     Joy K     GENERAL CARGO     15-05-1973     Unknown Egyptian    
05-10-2017     Hurricane II     AHTS     21-01-1988     Hermes Maritime    

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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