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KDB assembles 4 Hanjin boxships in Hong Kong for sales inspections

Brokers in Hong Kong have been invited to inspect four Hanjin boxships that lead creditor Korea Development Bank has put up for sale. The four sister ships – all gearless 4,200 teu ships built at Samsung Heavy Industries in either 2008 or 2009 – are listed as the Hanjin Kingston, Hanjin Atlanta, Hanjin Gydnia and Hanjin Monaco. The quartet have all anchored in Hong Kong for sales inspections as part of the huge fire sale of the Hanjin fleet following the Korean line’s bankruptcy announcement at the end of August.

KDB is trying to get around $6m per ship however the market appetite for panamax boxships has fallen off a cliff in recent months.

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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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