Vessel Scrapping

World’s Largest Cruise Ship To Be Scrapped Following Bankruptcy

A cruise ship, with a capacity of holding up to 9000 people on board, which was supposed to be one of the largest cruise ships to ever sail in the sea, will be scrapped, reports news.com.au

Largest cruise ship to be scrapped

The Global Dram II had almost been completed at Warnemünde shipyard on the Baltic Coast in Germany. However, the mammoth ship will now be scrapped because the shipbuilder MV Werften has filed for bankruptcy. There’s been no buyer for the cruise ship.

The German cruise industry...

https://mfame.guru/worlds-largest-cruise-ship-to-be-scrapped-following-bankruptcy/

Weekly Vessel Scrapping Report – Week 50, 2020

Ship & Bunker, with the data from online maritime intelligence and information service VesselValue.com, has listed out the vessels put up for demolition in a recently published article.

The below table is the most recent changes in the world fleet every week, with respect to which vessels have been sold for demolition in the last week.

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Source: Ship & Bunker

The post Weekly Vessel Scrapping Report – Week 50, 2020 appeared...

https://mfame.guru/weekly-vessel-scrapping-report-week-50-2020/

Weekly Vessel Scrapping Report – Week 35, 2020

  • Discovering an invoice while chasing, that has been already sold for scrap.
  • Demolition sales data from August 27 – September 2, 2020, is covered.

According to Ship & Bunker’s weekly vessel scanning report:2020 week 35.

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.

Demolition Information

To help keep on top of...

https://mfame.guru/weekly-vessel-scrapping-report-week-35-2020/

Weekly Vessel Scrapping Report – Week 31, 2020

The below table is the most recent changes in the world fleet every week, with respect to which vessels have been sold for demolition in the last week. Ship & Bunker, with the data from online maritime intelligence and information service VesselValue.com, has listed it out in a recently published article.

Sale DateSold NameVessel TypeBuilt DateSeller
27-07-2020MCC

Mergui

Alby

Handy

Container

07-04-1992Moller Maersk AS
20-07-2020MelodyHandymax25-08-1995DCT Shipping Ltd.
20-07-20...

https://mfame.guru/weekly-vessel-scrapping-report-week-31-2020/

COVID19 Pushing More Boxships Towards Scrapping As Idle Fleet Grows

According to a LoadStar article written by Mike Wackett, demolition markets in the Indian subcontinent have now largely reopened and are preparing for a new wave of containerships for scrapping.

Decline in Scrapping Rates

According to London-based shipbroker Braemar ACM, just 14 have been demolished so far this year, compared with 58 ships by the same time in 2019.

However, due to the pandemic, there have been reports of up to 20 ships having been sold for scrap in the interim and now await the...

https://mfame.guru/covid19-pushing-more-boxships-towards-scrapping-as-idle-fleet-grows/

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