Banks carry on firesale of Hanjin Shipping's vessels

German HSH Nordbank seems to be behind the sale of a number of container vessels in December, belonging to collapsed carrier Hanjin Shipping. There will be a new auction in Rotterdam in January.

Photo: PR-foto/Hanjin Shipping

A consortium of banks led by Germany's HSH Nordbank and Export Import Bank of Korea has, according to brokers, sold four Panamax container vessels, which belonged to financially-wrecked Hanjin Shipping, to shipowner company Seaspan.

The four ships, each at 4,275 teu, have been built by South Korean Samsung Heavy Industries in 2008 and 2009, and each have been sold for a price of USD 5.6 million.

Hanjin Shipping's 141 vessels have now been emptied 

Last week, Hanjin-related Korea Marine Transport Co (KMTC) entered into a similar deal with the bank consortium with four corresponding vessels types and built in the same period for a total price of USD 22.4 million, reports World Maritime News.

Dutch media recently wrote that three Hanjin vessels, each at 13, 000 teu, were sold at an auction in Rotterdam earlier in December for a total of USD 392 million, with HSH Nordbank as the alleged seller.

HSH Nordbank leases Hanjin vessels to Maersk Line 

Yet another Hanjin vessel is expected to go up for auction in Rotterdam in January.

Hyundai Merchant could become full-fledged 2M member in three years

HSH Nordbank sells three Hanjin vessels

2M picks up Hanjin's market shares on Asia-US 

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