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Comments Off on THH Shipping will scrap four coasters

THH Shipping will scrap four coasters

| Maritime News | 05/08/2012

Buse Stevns scrap   The Danish company THH Shipping will scrap four of its coasters, as the company was unable to find buyers for the old vessels. The four ships are Anna Stevns, Nural Stevns, Buse Stevns and Oliver Stevns. The coasters are sister-ships with length of 79.00 m, beam of 13.20 m and draft of 5.20 m. The ship were operating for the company THH Shipping for several years, but the heavy crisis, which hurt the maritime transport made the company to take such radical measures to exit from the debt crisis. The four ships are now towed to Frederikshavn, Denmark, where will be scrapped at the shipyard Orlas Product Business. The CEO of THH Shipping explained that theere is no prospect the situation to get better, so the company tried to sell the ships to foreign investor, but such was not found.

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Comments Off on Capesize Bulk Carrier was sold for scrap

Capesize Bulk Carrier was sold for scrap

| Maritime News | 15/06/2012

Bet Scouter   The cargo ship Bet Scouter (IMO: 9050010) operating under the flag of Isle of Man, was sold for scrap at price of 12,100,000 USD. The vessel was property of Seanergy Maritime Holdings Corp, and operated as the part of the company’s fleet for 17 years. The cargo ship Bet Scouter was built in 1995 in the shipyard of Santierul Naval Constanta in Romania. The Capesize drybulk vessel has overall length of 296.00 meters, beam of 46.00 meters and maximum draft of 10.20 meters. The cargo ship Bet Scouter has deadweight of 172,173 DWT and gross tonnage of 90,312 GRT. The ship has 9 holds and large cargo capacity, but in the years of financial crisis the company Seanergy Maritime Holdings Corp decided to sell it, instead of bankruptcy.

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Comments Off on MOL sells 20 Capesize Bulk Carriers for scrap

MOL sells 20 Capesize Bulk Carriers for scrap

| Maritime News | 14/06/2012

MOL Bulk Carrier   The Japanese maritime transport company MOL plans to sell for scrap 10 to 20 Capesize Bulkcarrier, due to the debt crisis of the company and the worsening market trends. The president of Mitsui O.S.K. Lines, Koichi Muto told on press-conference that the company is planning to sell up to 20 bulk carrier from its fleet in case to fill the debt hole in budget of the company for the fiscal year. The company scrapped four vessels during the previous year and all of them are 23 years old and more. The plans are the next scrapped ships to be with age over 15 years, and the first five ships will be sold in the end of March 2013.

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