Weekly Vessel Scrapping Report 2026: Week 4 | Mariner News
The maritime industry constantly evolves, and staying ahead of fleet changes is crucial for stakeholders. Our Weekly Vessel Scrapping Report 2026: Week 4 provides vital insights into the latest ship demolition sales, helping mitigate risks for credit managers and other maritime professionals. Understanding which vessels are leaving the active fleet is essential for accurate business decisions and financial planning. This report, compiled with data from VesselsValue.com, highlights significant trends in the global vessel recycling market, ensuring you are always informed about the vessels sold for scrap.
Latest Ship Demolition Sales
For the period spanning January 22 – January 28, 2026, the ship demolition market saw several notable transactions. Key vessels sold for scrap this week include the “Global Star,” a SMALL TANKER built in April 1999, and the “Yun Da You 6,” another SMALL TANKER from October 2005. Additionally, the “Yong Ang,” a REEFER built in February 1998, also entered the vessel recycling stream. These sales reflect ongoing adjustments in the world fleet, often driven by age, market conditions, and operational costs, impacting various sectors from tankers to specialized cargo ships.
Managing Maritime Fleet Risks
For credit managers, discovering a vessel recently bunkered has been sold for scrap poses a significant risk. Our detailed weekly reports are designed to prevent such surprises, offering timely maritime intelligence on vessel scrapping. Keeping track of these demolition sales allows businesses to assess and manage credit risk effectively, ensuring operational continuity and financial stability within the dynamic shipping industry. Stay informed with our regular updates to navigate the complexities of fleet changes and the ship breaking market.
