Weekly Vessel Scrapping Report: 2019 Week 43

by VesselsValue.com
Thursday October 31, 2019

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 24 – October 31, 2019

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
2019-10-30 PT Progress n/a 1972-05-26 Yuantai Fuel Trading
2019-10-28 Eastern Glory n/a 1986-06-16 Jin Hao Ship Management
2019-10-28 Success Total XXXI n/a 1992-03-09 Soechi Lines
2019-10-28 Reunion n/a 1992-01-01 Costamare
2019-10-25 GS Grand n/a 1991-03-01 Shipmate
2019-10-25 Delight n/a 1992-04-30 Seven Islands Shipping
2019-10-25 Ore Bayovar n/a 1998-02-20 Vale SA
2019-10-24 Yong Xia n/a 1989-03-14 Rong Cheng Great Dragon 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