Weekly Vessel Scrapping Report 2026: Week 31

For credit managers in the marine fuels industry, few discoveries are more unwelcome than learning that a vessel they bunkered just weeks ago has been sold for scrap while an invoice remains outstanding. In today's market environment, that risk is greater than it has ever been.

To help industry professionals stay current with changes in the global fleet, Ship & Bunker provides a weekly update—powered by the online maritime intelligence and information service VesselsValue.com—detailing which vessels have been sold for demolition over the past week.

Demolition Sales: July 30 – August 5, 2026

No individual vessel demolition sales were reported for this period.

A quiet week for demolition sales can reflect seasonal slowdowns at major shipbreaking facilities in South Asia—typically the dominant buyers of end-of-life tonnage—or fluctuating steel scrap prices that make owners hold vessels longer. Tracking these patterns matters for bunker credit professionals because fleet retirements, even when intermittent, ultimately influence demand for marine fuels and reshape counterparty risk profiles.

About VesselsValue.com

VesselsValue.com is an online intelligence and information service used by the world's leading commercial and investment banks, private equity firms, investment and hedge funds, shipowners and operators, lawyers, accountants, and brokers.

The platform is built on the principles of speed, usability, and convenience, providing instant and unbiased valuations at the click of a button. Its services help existing and potential shipping investors better quantify risk, improve reporting, and identify opportunities, ultimately saving time and money.

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Source: Ship & Bunker