Hanjin’s Panamax Quartet Sold for USD 22.4 Mn

Image Courtesy: Hanjin Shipping

Four of Hanjin Shipping’s 4,275 TEU containerships were sold to South Korean company Korea Marine Transport Co (KMTC) for a price of USD 22.4 million, according to data provided by VesselsValue.

The 2008-built Panamaxes, which were sold through a bank sale, are the Hanjin Durban, Hanjin Norfolk, Hanjin Piraeus and Hanjin Rio de Janeiro.

Featuring a length of 260 meters and a width of 32 meters, the vessels, built by South Korea’s Samsung Heavy Industries Co, fetched a price tag of USD 5.6 million each.

VesselsValue data shows that each of the boxships has a market value of around USD 5.3 million.

The sale comes only days after Dutch media reported that three 13,000 TEU Hanjin containerships were sold at an auction in Rotterdam for a total of USD 392 million.

The 2012- and 2013- built Hanjin Europe, Hanjin Africa and Hanjin Harmony were reportedly sold on behalf of the German HSH Nordbank.

Another Hanjin ship, the Hanjin Gold, is expected to be auctioned off by a Rotterdam court in January 2017.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2017 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Europort 2017

The 38th edition of Europort will take place from 7-10 November 2017 in Rotterdam Ahoy. Established as one of the world’s leading maritime…

read more >

Mozambique Gas Summit & Exhibition

Mozambique Gas Summit & Exhibition is recognised as the leading strategic meeting for Mozambique’s gas industry. Working in partnership…

read more >

FCCA Cruise Conference & Trade Show

The ​FCCA ​Conference ​is ​a four-day ​event ​designed ​to ​foster ​a ​better ​understanding ​of ​the ​inner ​workings ​of ​the ​cruise…

read more >

Bulk Liquid Storage Europe 2017

The event will cover current key challenges and issues faced by the industry and provide in depth discussions and analysis of today`s…

read more >