Receive FREE Newsletter
Advanced Search
+

News / Seaspan has 'no worries' Hanjin will default on charters; while HMM wins some rate cuts

hyundai
By

The world’s largest containership leaser, Seaspan, says it has “no material concerns” about its exposure to troubled South Korean ocean carrier Hanjin Shipping.

It said the carrier “continues to make charter hire payments regularly”, and it “did not anticipate any charter breaks”.

CEO Gerry Wang said: “We have not ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

  • Mr. Yongha Lee

    April 27, 2016 at 2:36 pm

    Capital Product Partners seems to become positive to lower the charterage of 3 containers for HMM and to terminate 2 container vessels’ longterm contract by changing its dividend policy.

    This source is based on inside information of firmnews.net.

  • Justin

    May 03, 2016 at 5:06 pm

    HMM finished renegotiating charterage with its ship owners by 98% on May 2, 2016.

    This source is based on http://www.firmnews.net

Related Stories

Topics

Alphaliner Hanjin HMM Seaspan