Weekly Vessel Scrapping Report: 2016 Week 9

by VesselsValue.com
Thursday March 10, 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 March 3 – March 9, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
09-03-2016     POS Ambition     CAPESIZE     01-06-1992     H Line Shipping    
09-03-2016     Cape Century     CAPESIZE     01-09-2001     Kumiai Navigation    
03-03-2016     Sunny Voyager     CAPESIZE     04-07-1994     Winning Shipping    
03-03-2016     Quorn     CAPESIZE     01-05-1996     Zodiac Maritime    
08-03-2016     Port Numbay     FEEDERMAX     01-01-1983     Salam Pacific    
07-03-2016     Fortune Navigator     FEEDERMAX     01-07-1998     VOSCO    
08-03-2016     Sea Glory     HANDY BULKER     01-06-1997     Lihai International    
07-03-2016     Flora     HANDY BULKER     01-01-1985     Zahra Maritime    
09-03-2016     Suerte     PANAMAX BULKER     10-01-1995     Alexandria Shipping    
07-03-2016     Mighty Pleiades     PANAMAX BULKER     01-12-1997     Arion Management    
08-03-2016     Aquaria     PANAMAX BULKER     01-10-1994     Gulf Rock KSC    
03-03-2016     The Opener     PANAMAX BULKER     31-07-1994     SNP Shipping Services    
08-03-2016     Northern Divinity     PANAMAX CONT     01-11-1997     Norddeutsche Reederei H Schuldt    
03-03-2016     Xuan Wu Hu     PANAMAX MT     01-11-2000     COSCO Dalian    
03-03-2016     Ban Gong Hu     PANAMAX MT     01-12-2000     COSCO Dalian    

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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