Sinokor to take over 30 feeder boxships from Vroon

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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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