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Hanjin bulker sold
The "Hanjin Matsuyama" was bought by the Singapore-based Winning Shipping for $22.75 million. She was one of three ships chartered to Hanjin Shipping Co Ltd (117930.KS) which have been sold, the first of dozens of vessels expected to be hawked following the failure of the world's seventh largest container shipper. Around $14 billion of cargo has been tied up globally as ports, tugboat operators and cargo handling firms worried about not being paid refuse to work for Hanjin, which filed for receivership in a Seoul court on Aug 31.
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