Weekly Vessel Scrapping Report 2024: Week 8

by VesselsValue.com
Thursday February 29, 2024

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  February 22 – February 28, 2024

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
26-02-2024     Xin Xiang Rui     HANDY BULKER     27-07-1992     Yangpu Zhehai    
26-02-2024     Hong Yuan 01     SUB PANAMAX CONT     21-03-1996     Shanghai Xunyuan Shipping    
23-02-2024     Nan Hai Sheng Li     FPSO TANKER     01-05-1975     CNOOC Limited    
23-02-2024     Qatar Ana     HANDYMAX     11-09-1989     Al Khalejia Aggregates    
23-02-2024     Far East Cheer     FEEDERMAX     25-01-2007     Sino Far East Ship Management    
23-02-2024     Wang Hai     CAPESIZE     22-10-2003     Lila Global    
23-02-2024     Sia     PANAMAX BULKER     15-07-1999     Lila Global    

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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