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HSH Nordbank sells three Hanjin vessels

German shipping bank HSH Nordbank has sold three former Hanjin vessels at an auction in Rotterdam. The ships were previously owned by a charterer who has accrued a sizeable debt to the bank.

Photo: PR-foto/Hanjin Shipping

On Monday HSH Nordbank sold three container ships which were previously part of Hanjin Shipping's fleet.

The German shipping bank acquired the vessels in relation to the collapse of the South Korean container carrier in September, but the vessels have now been sold for a total USD 392 million, reports FD.nl.

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