Winning-Progress Vessel Reviews and Specifications

The bulk carrier 'Hanjin Matsuyama,' with IMO number 9470595, has been acquired by Winning Shipping, a company based in Singapore, for a sum of $22.75 million. This vessel is among three ships previously chartered to Hanjin Shipping Co Ltd (117930.KS) that have now been sold. It marks the beginning of a larger trend, as many ships are expected to hit the market following the bankruptcy declaration of Hanjin, the world's seventh largest container shipping company. Following Hanjin's receivership filing in a Seoul court on August 31, operations have been significantly impacted, leaving approximately $14 billion in cargo stranded globally. Ports, tugboat operators, and cargo handling firms are currently exercising caution, leading them to refuse additional work for Hanjin due to concerns over payment.

In a significant development for the maritime industry, SwissMarine has successfully negotiated a new charter agreement. This deal, valued at $17,500 per day, is set to span an impressive duration of 7 to 10 months. As SwissMarine continues to expand its operational capacities, this charter underscores the company's commitment to enhancing its fleet and service offerings.