Weekly Vessel Scrapping Report: 2016 Week 26

by VesselsValue.com
Thursday July 7, 2016

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 June 30 – July 6, 2016

Sale Date         Sold Name     Vessel Type     Built Date        Seller    
05-07-2016     Alicorn     AHT     27-11-1976     Mubarak Marine LLC    
05-07-2016     Magnum V     AHTS     01-10-1975     Minerva Maritime SA    
05-07-2016     Ulsan Gas     FULLY PRESSURISED     26-02-1981     Smart Marine Co    
05-07-2016     Minbei     HANDYMAX     31-03-1986     Ever Glory    
05-07-2016     Yuehai     HANDYMAX     01-08-1996     COSCOCS Bulk Shipping    
05-07-2016     Great Ambition     PANAMAX BULKER     01-08-1999     Sinotrans Shipping    
04-07-2016     DS Patriot     POST PANAMAX CONT     01-06-2001     DS Schiffahrt    
04-07-2016     DS National     POST PANAMAX CONT     01-03-2001     DS Schiffahrt    

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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