1. Hanjin
Derek Luxford of Sydney firm Hickson's has sent in the link to his article in Lloyds list Australia online publication about the Hanjin Shipping saga from an Australian cargo and marine insurance perspective.
Below is the link to the Hicksons twitter post & also to the post on the Hicksons website.
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It is hard to believe this line has gone under. Our friends over at VesselValue.com sent over the following background:-
With Hanjin Shipping on the verge of bankruptcy, state run Korea Development Bank stated the shipper's debt stood at $5.5 billion at the end of June (Source: WSJ).
However Hanjin own 63 vessels, worth today $1.7 billion dollars (live and newbuilding contracts). See below for how this is cut for each segment:
Hanjin Shipping Fleet
However Hanjin own 63 vessels, worth today $1.7 billion dollars (live and newbuilding contracts). See below for how this is cut for each segment:
Hanjin Shipping Fleet
Hanjin Shipping Fleet by Vessel Type/Number of Vessels/Total Size and US$ Value in millions:-
BULKER/18/2,162,700/$ 306.5 million
BULKER/18/2,162,700/$ 306.5 million
CONTAINER/39/283,286/$ 1,394.4 million
SMALL DRY/1/10,400/$ 6.9 million
TANKER/5/82,800/$ 54.2 million
Grand Total: 63 ships valued at $ 1,762.0 million
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Bill Lines has sent in this link to the interactive positioning map of Hanjin vessels offered by Messrs Marine Traffic:-
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