Collapsed Hanjin Shipping assets need to be sold or refinanced

Korean Hanjin Shipping’s tanker, bulker and boxship vessels will need to be sold or refinanced.
According to Sale-and-purchase (S&P) market sources $500 million worth ships under the control of 9 banks : Korea Exim Bank, Korea Development Bank (KDB), Woori Bank and Shinhan Financial Group and five European banks. While dry bulk sectors sentiment rising and shipowners eyeing specific candidates in collapsed Hanjin Shipping’s fleet, some lenders may opt to dispose of their tonnage. Around $16 million suggested by S&P market players for eco-ship kamsarmax dry bulkers 2012 built 82K DWT M/V Hanjin Port Kamsar, M/V Hanjin Hadong and 2013 built M/VHanjin Rosario, M/V Hanjin Paradip. Around $19 million suggested by S&P market players for capesize bulk carriers 179K M/V N Fos (ex M/V Hanjin Fos), M/V Hanjin Rizhao (built 2010), M/V Hanjin Dangjin, M/V Hanjin Esperance.