Report: Three Hanjin Boxships Auctioned Off in Rotterdam

Three containerships of the bankrupt Korean shipping firm Hanjin Shipping were sold at an auction in Rotterdam for a total of USD 392 million, according to Dutch media.

The vessels in question are the 13,000 TEU Hanjin Europe, Hanjin Africa and Hanjin Harmony, built in 2012 and 2013, respectively.

Featuring 141,000 dwt, the boxships, which were reportedly sold on behalf of the German HSH Nordbank, have all been at anchor in the Netherlands for some time now.

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

After it filed for court receivership on August 31, the ailing South Korean carrier started selling its assets.

In November, Hanjin’s Asia-US route network was sold to Korea Line for a price of KRW 37 billion. The deal, scheduled to be finalized on January 5, 2017, includes Hanjin’s business network and client information related to the route and subsidiaries and logistics management systems in seven countries.

Additionally, the shipping firm’s stake in Californian Port of Long Beach container terminal was also put up for sale. The terminal attracted the attention of two shipping giants, Mediterranean Shipping Company and Hyundai Merchant Marine (HMM), which jointly placed a bid for Hanjin’s 54% stake in terminal operator Total Terminals International (TTI) in early December.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2019 >>
MTWTFSS
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

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >