Marinakis pays $155m for Hanjin boxship quintet

The carve up of the defunct Hanjin Shipping fleet is now just about complete with news Evangelos Marinakis’s Capital Ship Management has snaffled up five big sister boxships.

Brokers report Marinakis is paying $31m per ship for the 9,954 teu quintet Hanjin United Kingdom, Hanjin Netherlands, Hanjin Spain, Hanjin Korea and Hanjin China.

All the ships were built at Samsung Heavy Industries and delivered in 2010 and 2011.

Hanjin Shipping was declared bankrupt last month, becoming the largest casualty in container shipping’s history.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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