Weekly Vessel Scrapping Report: 2014 Week 43

by VesselsValue.com
Thursday October 23, 2014

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 16th - 22nd, 2014

Sale Date     Sold Name     Vessel Type     Age     Seller    
10/17/2014     Discovery     PASSENGER (Cruise)     43     Voyages of Discovery    
10/17/2014     Pacific Success     HANDY BC     25     HMM    
10/17/2014     Amira Layan     HANDY BC     30     El Amira    
10/17/2014     Century Star     SMALL HANDY BC     33     Fujian Mainstar Shipping    
10/17/2014     Aston     AFRAMAX TNKR     19     Innovative Industries    
10/17/2014     Four Island     AFRAMAX TNKR     19     Premuda    
10/17/2014     Pacific Career     HANDYMAX BC     21     Ming Wah    
10/17/2014     Ricstar     PANAMAX BC     26     KD Ocean    
10/17/2014     Castillo de Guadalupe     HANDYMAX BC     30     Elcano    
10/20/2014     New Progress     VLCC       20     New Shipping    
10/20/2014     Piquete     PANAMAX MT (DIRTY)      25     TRANSPETRO    
10/20/2014     Rose Of Sea     HANDY BC     30     Unknown Egyptian    
10/20/2014     Fidelity 1     SINGLEDECKER (Open Hatch)     22     Ships Corp SA    

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