Sinokor to take over 30 feeder boxships from Vroon

South Korean owner Sinokor Merchant Marine is taking over a fleet of 30 feeder containerships from Dutch owner Vroon, which is currently under a financial restructuring process.

According to shipbroking sources, the 30 vessels ranging from 700 to 1,700 teu are set to join Sinokor’s fleet in a bank-driven sale.

This week, Coco Vroon stepped down as managing director of Vroon, just days after the company announced an agreement with lenders on a financial restructuring deal.

VesselsValue data shows that Vroon’s container fleet currently stands at 39 vessels with a total capacity of 40,162 teu and an average age of 10 years.

Sinokor currently operates a containership fleet of 33 vessels including 13 feedermaxes. Following the acquisition, the company will become a major intra-Asia feeder shipping operator.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
Back to top button