China’s Winning Shipping has bought a capesize from Kumiai Senpaku that was formerly on charter to Hanjin Shipping, which entered into court receivership on August 31.
The Sungdong-built Hanjin Matsuyama was reported sold for $23.22m, according to data from VesselsValue.com (VV).
The vessel is the eighth capesize to be acquired by Winning since 2016 began, VV data says. The majority of the vessels have been built in Japan.
The active bauxite shipper paid $10.4m when it bought the Japanese-built Newcastlemax Shin Heiryu (203,315 dwt, built 2003) from Nippon Yusen Kaisha (NYK) in late August.
Including these latest acquisitions, Winning’s bulker fleet will comprise 23 vessels, 17 of which are capesizes plus three Newcastlemaxes.