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HANJIN'S FIVE NEW PANAMAX BOXSHIPS UP FOR AUCTION.

Five 13,100 TEU container vessels built in South Korea in 2012 and 2013, and belonging to Hanjin Shipping, are being sold in Hong Kong.

Sealed bids for the last real jewels in the once mighty Hanjin crown are to be lodged at a court in Hong Kong.

While technically the winning bid is scheduled to be announced on February 14, source has told that one line has jumped the queue with what is thought to be an unbeatable offer.

The rumor doing the rounds is that a very serious buyer is already lined up by the arresting party and that it's unlikely the tender will go to a second round.

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Publication:Pakistan & Gulf Economist
Date:Feb 19, 2017
Words:145
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