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Sealed bids lodged for five Hanjin 13,100 teu boxships

Sealed bids lodged for five Hanjin 13,100 teu boxships

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Sealed bids will be lodged at a court in Hong Kong tomorrow for the last real jewels in the once mighty Hanjin crown. Up for sale are five 13,100 teu ships – all built in South Korea in 2012 and 2013. While technically the winning bid is scheduled to be announced on February 14, sources in Hong Kong tell Splash that one line has jumped the queue with what is thought to be an unbeatable offer.

“The rumour doing the rounds is that a very serious buyer is already lined up by the arresting party and that it’s unlikely the tender will go to a second round,” the source said.

When it filed for bankruptcy at the end of last August, Hanjin was the seventh largest containerline in the world with more than 600,000 slots in its fleet, a figure that has now been slashed to less than 50,000 in a series of fire sales.

A court in Seoul last week rescinded Hanjin’s court protection, and it is now likely to be declared bankrupt next week.

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Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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