Seaspan Corporation Buys Four Hanjin Panamaxes

Hanjin Kingston. Image Courtesy: YouTube/Screenshot

Hong Kong-based Seaspan Corporation has purchased four Panamax containerships from the bankrupt South Korean container carrier Hanjin Shipping through a bank sale, according to reports from brokers.

The vessels were sold by a consortium of banks led by the Export Import Bank of Korea and Germany’s HSH Nordbank.

The four boxships, Hanjin Kingston, Hanjin Gdynia, Hanjin Atlanta and Hanjin Monaco, have the same capacity of 4,275 twenty-foot equivalent units (TEUs).

The vessels were built by South Korea’s Samsung Heavy Industries between 2008 and 2009. Each vessel was sold for USD 5.6 million.

Last week, Hanjin’s compatriot Korea Marine Transport Co (KMTC) entered into an identical deal with the consortium of banks. KMTC also bought four 4,275 TEU Hanjin boxships, all built by SHI in 2008, for a combined price of USD 22.4 million.

Earlier this month, 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>

<< Dec 2017 >>
MTWTFSS
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

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Mega Cargo Show 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform…

read more >

Vietship 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology.

Since its first event in 2002, Vietship has become the convergence and platform of advanced technologies regional and worldwide in shipbuilding and ship repair, marine equipment, waterway transportation and services, marine and offshore engineering.

After 16 years of eight consecutive editions, Vietship has affirm itself as an important event in enhancing cooperation and development, attracting investments, exchanging technology and creating ideal opportunities for trade promotion in the international maritime industry.

More info

read more >

LNG Bunkering Summit 2018

The conference will cover the obstacles facing both the shipping and port communities, exploring developments in conversion and new builds…

read more >