Weekly Vessel Scrapping Report 2023: Week 35

by VesselsValue.com
Thursday September 7, 2023

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 31 – September 06, 2023

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
04-09-2023     San Shin     PANAMAX BULKER     28-04-1999     San Shin Maritime Corp    
03-09-2023     Sotiria     PANAMAX BULKER     28-03-1997     Larus SA    
03-09-2023     Cherry     FEEDERMAX     10-10-1998     Norse Shipholding    
03-09-2023     Meratus Medan 3     HANDY CONTAINER     29-06-1990     Meratus Line    
31-08-2023     Ocean Success     PANAMAX BULKER     12-08-1998     YKJ Shipping    
31-08-2023     Fine Star     PANAMAX BULKER     16-10-1995     United Wealth Shipping    
31-08-2023     Yuan Tu     GEN CARGO     01-10-2005     Undisclosed    

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