FOUR tankers owned by bankrupt Hanjin Shipping have been sold by South Korea's Woori Bank for US$58.6 million in a bid to claw back some debt. The four tankers were aged eight and nine years old.
Woori did not identify the buyers by name, merely stating they were a Hong Kong-based company. The ships are expected to be handed over by year end, reported Splash 24/7.
"Woori Bank's successful sale of the vessels is expected to positively affect ship sales of other financial institutions," the bank said in a statement. Creditors plan to soon sell another 40 ships.
Since Hanjin Shipping sought court receivership at the end of August, most of its assets have been put up for sale.
Source : HKSG.