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.
Demolition report: July 18 – July 24, 2019
Below table is the most recent changes in the world fleet for 28th week, with respect to which vessels have been sold for demolition. Ship & Bunker, with the data from online maritime intelligence and information service VesselValue.com, has listed it out in a recently published article.
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Source: Ship&Bunker