Last stuck boxes on Hanjin ship have been unloaded

Time: 2016-12-07 14:02
THE last of the containers left stuck on board a stricken Hanjin Shipping containership have been discharged, three months after the South Korean carrier filed for court receivership.
The vessel in question, the 5,744-TEU Hanjin Vienna, has been under arrest at the port of Vancouver since September 1 owing to unpaid fees at the Canadian port. According to Alphaliner, the final load was discharged over the last weekend in November.
Export containers bound for Asia were loaded onto the Hanjin Seattle to deliver its final load, reported Lloyd's Loading List, citing Alphaliner, which calculates that only 10 ships remain under Hanjin's control.
Two of the vessels--the 4,024 TEU Hanjin Los Angeles and the 5,302 TEU Hanjin Paris--are to be sent to scrapyards on the Indian Subcontinent in the coming weeks. "Of the remaining eight ships, three remain under arrest and their fate is uncertain at the moment," the analyst said.
The Hanjin Rome is also expected to be scrapped upon release, it added, while Hanjin Vienna will be returned to its owner. Two Hanjin ships remain active.
Returning from Asia to the US west coast is the Hanjin Seattle, while the Hanjin Bremerhaven is sailing to the US east coast having also disembarked from Asia. The former is expected to be handed back to its owners in December, while the Hanjin Bremerhaven is expected to be sold along with four sister ships, according to Alphaliner.
These ships were originally supposed to be part of the sale of Hanjin's transpacific network awarded to Korea Line earlier in November.
"These five 6,655 TEU ships are expected to be sold, but they will hardly fetch more than US$70 million in total in the current environment of depressed market values for container shipping assets," said Alphaliner.
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