Weekly Vessel Scrapping Report: 2014 Week 44

by VesselsValue.com
Thursday October 30, 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 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 October 23rd - 29th, 2014

Sale Date     Sold Name     Vessel Type     Age     Seller    
10/23/2014     Ji Da     HANDY BC     31     Hong Sheng Da Shipmanagement    
10/23/2014     Virgen Maria B     LEG     23     Transgas Shipping Lines    
10/23/2014     Euro Progress     AFRAMAX TNKR     23     Eurotankers    
10/24/2014     Bramani     AFRAMAX TNKR     24     BLT    
10/24/2014     Ocean Land     HANDY BC (Open Hatch)     30     Osman Shipping    
10/24/2014     Tiger Pearl     HANDY CONTAINER       20     Hanse Bereederung    
10/24/2014     Gas Sumatera     FULLY PRESS LPG     25     BLT    
10/27/2014     Bright     SMALL HANDY BC     33     Fuh Fung Navigation Agency    
10/28/2014     Hebei Mountain     VLCC       19     HOSCO    
10/28/2014     Gas Jawa     FULLY PRESS LPG     25     BLT    
10/28/2014     Zim Atlantic     PANAMAX CONT     18     ZIM    
10/28/2014     Deshbandhu 1     HANDYMAX BC     27     GM 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.

To contact the editor responsible for this story email us at editor@shipandbunker.com