Hanjin Subic Bay News

Danaos Corporation on Wednesday announced it has entered into an agreement to acquire six secondhand 5,466 TEU container vessels en bloc for $260 million.The vessels, which have an average age of 6.8 years, were built at Hanjin Subic Bay shipyard and are on time charter contracts with a weighted average charter duration of approximately two years.The acquired vessels, which are expected to be gradually delivered to the company by the end of the third quarter of 2021, are eco-design wide beam vessels with improved fuel consumption and load efficiency characteristics when compared to conventional designs, the company said.The acquisition…

EXMAR LPG has been awarded Statoil ASA’s time charter requirement for two environment-friendly 38,000 m³ (Midsize) LPG newbuildings intended for LPG trading within North West Europe. Both performing vessels are part of EXMAR LPG’s existing orderbook and are being built at Hanjin Subic Bay. The duration of each Time-Charter is for a period of minimum five years up to maximum 10 years basis delivery within 2016. EXMAR LPG has further extended with Potash Corporation of Saskatchewan the time charters of Libramont (38…