The last remains of South Korea’s Hanjin Shipping bulker segment that have been under the wings of lead creditor Korean Development Bank (KDB) are in the process of being sold.
Reports revealed to Splash show that two Japanese-built kamsarmaxes which attracted interest from more than 10 buyers have just been committed to compatriot owner Pan Ocean.
The ships believed sold are the Tsuneishi-built Hanjin Paradip and Hanjin Port Kamsar. The duo are believed to have fetched $42m en block.
Shipbroker Clarksons has handled the sale for KDB after winning the mandate for the sale of string of ships in November following stiff competition from other shipbrokers.
The sale follows yesterday’s news of three Hanjin capes being sold to Korea Line Corp and JP Morgan.