Weekly Vessel Scrapping Report 2026: Week 20

by VesselsValue.com
Thursday May 21, 2026

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  May 14 – May 20, 2026

Sale Date     Name     Ship Type     Build Date     Seller    
5/16/2026     Hanjin 3007     PALLETISED     Aug 1998     Hanjin Transportation Co    
5/15/2026     Maymei     HANDY TANKER     Nov 1997     Ever Shining    
5/15/2026     Valaris MS 1     SEMI SUB DRILL RIG     Apr 2011     Valaris    

 

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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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