It has taken less than a year for all Hanjin Shipping’s boxships to be renamed. Two weeks today will mark the first anniversary since Hanjin Shipping sought court protection becoming one of the most famous shipping bankruptcies in history.
“The recent renaming of the 5,067 teu Hanjin Scarlet, the last vessel to bear the Korean carrier’s colours, to Maersk Iyo, has consigned the once mighty Hanjin name to maritime history,” Alphaliner noted in its most recent weekly report.
The Hanjin Scarlet was renamed earlier this month, Maersk officials confirmed, telling Splash that the ship is now deployed on the transpacific trades.
The ship itself was one of the more high profile ones in the wake of Hanjin’s bankruptcy. Its crew – a mix of Filipinos and Koreans – lay stranded off the west coast of Canada for many months awaiting creditors to finalise the ship’s sale.
The trustee overseeing Hanjin Shipping’s bankruptcy proceedings warned creditors earlier this month that the Korean line has managed to raise just $220m, equating to just 2.1% of what it owes. Creditors’ claims mounting against defunct Hanjin now stand in the region of $10.5bn.