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Hanjin Shipping fleet worth $1.7bn, despite possible bankruptcy

Hanjin Shipping fleet worth $1.7bn, despite possible bankruptcy

HANJIN_AMSTERDAM

With Hanjin Shipping on the verge of bankruptcy, state run Korea Development Bank stated the shipper’s debt stood at US$5.5bn at the end of June.

However Hanjin own 63 vessels, worth today US$1.7bn (live and newbuilding contracts). See below for how this is cut for each segment:

Hanjin_graph