Hanjin Orders Two Bulkers

5 August 2010 (Last Updated August 5th, 2010 18:30)

Hanjin Shipping has ordered two bulkers from SPP Shipbuilding in South Korea to replace three vessels sold earlier this year. SPP will build a 35,000dwt Handysize vessel and a 59,000dwt Supramax vessel. According to industry reports, Hanjin paid around $28m for the Handysize and $

Hanjin Shipping has ordered two bulkers from SPP Shipbuilding in South Korea to replace three vessels sold earlier this year.

SPP will build a 35,000dwt Handysize vessel and a 59,000dwt Supramax vessel.

According to industry reports, Hanjin paid around $28m for the Handysize and $34m for the Supramax.

The company is expected to take delivery of the vessels in 2012.