Weekly Vessel Scrapping Report – Week 41, 2020

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  • 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.

This Weekly Vessel Scrapping Report is based on the Ship & Bunker’s weekly vessel scrapping report: 2020 week 41.

Risk percentage

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.

Vessels Value

Demolition Sales  October 8 – October 14, 2020

Sale Date Sold Name Vessel Type Built Date Seller
14-10-2020 PAC Alkaid     MPP 01-11-2003 Pacific Carriers    
14-10-2020 PAC Adara     MPP 08-10-2003 Pacific Carriers    
12-10-2020 Bitumen Queen     SMALL TANKER 01-03-1981 Prime Tankers LLC    
12-10-2020 Berge Kibo     CAPESIZE 05-02-1993 Berge Bulk    
12-10-2020 Car Star PCTC 28-09-1993 XT Shipping Group    
12-10-2020 Global Everest     SMALL TANKER 03-07-1996 Glory International    
12-10-2020 Nippon Highway     PCTC 30-11-1999 K Line    
12-10-2020 Continental Highway     PCTC 26-09-2001 K Line    
12-10-2020 C Traveller     PSV 17-06-1983 Seaport International Shipping    
08-10-2020 Shanthi Indah     HANDYMAX 10-10-1996 Karya Sumber Energy    

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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Source: Ship and Bunker