Weekly Vessel Scrapping Report: 2017 Week 14

by VesselsValue.com
Thursday April 13, 2017

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  April 6 – April 12, 2017

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
11-04-2017     Good News     VLCC     01-01-1999     Polembros Shipping    
10-04-2017     Jin Jin     HANDY BULKER     01-01-1990     FUSCO    
10-04-2017     Atlantic Birch     OCEAN TUG     01-03-1967     Atlantic Towing Ltd    
10-04-2017     Seoul Gas     FULLY PRESSURISED     01-02-1988     Smart Marine Co
10-04-2017     Naftocement 16     SMALL HANDY BC     28-07-1974     Naftotrade Shipping and Commercial    
10-04-2017     Ain Temouchent     HANDY BULKER     27-04-1982     CNAN Group    
10-04-2017     Jia Qiang     HANDYMAX     11-09-1998     COSCOCS Bulk Shipping    
10-04-2017     Harmony Ace     PCTC     18-12-1992     MOL    
10-04-2017     Bangsaotong     GENERAL CARGO     25-05-1979     Wongsamut Group    
10-04-2017     Fanja     HEAVY LIFT     18-10-2000     Oman Shipping Co SAOC    
10-04-2017     Mozambique     POST PANAMAX CONT     20-03-1998     Eastern Pacific Shipping    
10-04-2017     Yangon Star     FEEDERMAX     11-10-1994     Continental Shipping Line    
10-04-2017     Mandalay Star     FEEDERMAX     01-04-1996     Continental Shipping Line    
10-04-2017     MSC Alice     PANAMAX CONT     21-11-1988     MSC    
06-04-2017     Frontier     FEEDERMAX     06-05-1987     Reederei NSB    
06-04-2017     Botswana     POST PANAMAX CONT     10-01-1998     Eastern Pacific 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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