Features
Weekly Vessel Scrapping Report 2023: Week 13
by 
Thursday April 6, 2023
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 March 30 – April 5, 2023
| Sale Date | Sold Name | Vessel Type | Built Date | Seller |
| 03-04-2023 | Yong Zhou Huan Hai | MPP | 01-01-1999 | Zhejiang Yongzhou Shipping |
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Apr 23The ship had come to Singapore from St Petersburg. -
Apr 22The 46,000 DWT MR2 chemical tanker Green Land was arrested at about 3:30 PM on April 17. -
Apr 22Iranian fuel oil has been widely reported to have been resold in the bunker markets of ports in the region for years, as well as being exported further afield. -
Apr 23The Singapore bunker market's average VLSFO viscosity was 136.5 CST in Q1, the highest level since the same period a year earlier. -
Apr 23in joint-venture with Oman National Oil Company. -
Apr 22The new hire was previously a senior bunker trader at Malik Supply from June 2019 to March 2023. -
Apr 19The firm has chartered the 7,994 DWT barge Margherita Cosulich to add to the operation, operated by Fratelli Cosulich. -
Apr 18Singapore's authorities are in the process of developing a regulatory framework for a methanol bunkering licence, and plan to call for applications for the licence by the end of this year. -
Apr 22The firm delivered 1,200 mt of a B30 blend to NYK's vehicle carrier the Garnet Leader at the Belgian port on March 24. -
Apr 16The firm will acquire majority ownership of the Spanish firm for an undisclosed sum, subject to closing conditions and regulatory approvals.