Weekly Vessel Scrapping Report: 2020 Week 33

by VesselsValue.com
Thursday August 20, 2020

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  August 13 – August 19, 2020

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
19-08-2020     Grand Royal     HANDY BULKER     23-01-1987     Mariners Associates CTG Ltd    
19-08-2020     Cosmos Ace     PCTC     20-10-1998     Kansai Steamship Co    
19-08-2020     Kai Yue     SUPRAMAX     27-01-2000     Fujian Xinan Shipping    
18-08-2020     Bahia Damas     HANDY TANKER     25-10-1991     Belavero Maritime    
18-08-2020     Ore Sudbury     CAPESIZE     06-02-1992     Maran Dry Management Inc    
18-08-2020     Best Future     HANDYMAX     01-09-1995     Oryx Shipping Ltd    
18-08-2020     Shanthi Indah     HANDYMAX     10-10-1996     Karya Sumber Energy    
18-08-2020     Kutch Bay     AFRAMAX     24-12-1997     Silver Star Ship Management    
18-08-2020     Shins     RO-RO     01-03-2002     Lyra Trading    
17-08-2020     Han Feng     MPP     01-01-1992     Jiangsu Ocean Shipping    
17-08-2020     Singapore Express     PANAMAX CONT     01-08-2000     Costamare    
13-08-2020     Skandi Hav     PSV     17-03-1983     NorSkan Offshore    
13-08-2020     Venice 1     HANDY TANKER     01-01-1996     Hanan Shipping    

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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