Three Hanjin Ships Auctioned in Rotterdam

Maritime Activity Reports, Inc.

December 7, 2016

Photo: Hanjin Shipping

Photo: Hanjin Shipping

 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 fd.nl and Nieuwsblad Transport.

 
The 13,000 TEU ships were auctioned on behalf of creditor HSH Nordbank. 
 
The  three vessels in question are Hanjin Europe, Hanjin Africa and Hanjin Harmony, built in 2012 and 2013, respectively.
 
The 4th ship, the Hanjin Gold, is expected to be auctioned off by a Rotterdam court in January 2017.
 
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.
 
After it filed for court receivership on August 31, the ailing South Korean carrier started selling its assets. 
 
In November, Hanjins Asia-US route network was sold to Korea Line for a price of KRW 37 billion. 
 
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