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KMTC takes Hanjin quartet
Creditors are having some success at selling off Hanjin Shipping ships – even unfavoured panamax boxships have found buyers. South Korean intra-Asia player KMTC has snapped up four Samsung Heavy-built sister ships. KMTC is understood to be paying $5.3m per ship for the 4,275 teu quartet which are listed as Hanjin Norfolk, Hanjin Piraeus, Hanjin Durban and Hanjin Rio de Janeiro. With all the consolidation seen in container shipping this year KMTC has now crept into the top 20 on Alphaliner’s liner list. KMTC’s fleet now has 126,351 slots, putting it in 19th place worldwide. http://splash247.com/kmtc-takes-hanjin-quartet/
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