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 DateSold NameVessel TypeBuilt DateSeller
14-10-2020PAC Alkaid    MPP01-11-2003Pacific Carriers    
14-10-2020PAC Adara    MPP08-10-2003Pacific Carriers    
12-10-2020Bitumen Queen    SMALL TANKER01-03-1981Prime Tankers LLC    
12-10-2020Berge Kibo    CAPESIZE05-02-1993Berge Bulk    
12-10-2020Car StarPCTC28-09-1993XT Shipping Group    
12-10-2020Global Everest    SMALL TANKER03-07-1996Glory International    
12-10-2020Nippon Highway    PCTC30-11-1999K Line    
12-10-2020Continental Highway    PCTC26-09-2001K Line    
12-10-2020C Traveller    PSV17-06-1983Seaport International Shipping    
08-10-2020Shanthi Indah    HANDYMAX10-10-1996Karya 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