Weekly Vessel Scrapping Report: 2014 Week 11

by VesselsValue.com
Thursday March 13, 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 more recent changes in the world fleet, every week, using information from online maritime intelligence and information service VesselsValue.com, we tell you which vessels have been sold for demolition in the last week.

Demolition Sales 6th - 12th March 2014

Sale Date Sold Name Vessel Type Built Seller
03/12/14         Achilleas         HANDY BC         1985         Achilleas Navigation        
03/12/14         Karia         HANDY BC         1978         Beykim Petrolculuk        
03/12/14         Southernpec 8         VLCC         1990         Southernpec        
03/12/14         Kima         AFRAMAX TNKR         1993         Syncro Shipping        
03/12/14         Alabama Belle         HANDYMAX BC         1986         TBS International plc        
03/06/14         Xiang Wan         FEEDERMAX         1984        

China Shipping Co  

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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