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Hanjin Rome sold by the Singapore courts

One of the last vessels in the fleet of bankrupt Hanjin Shipping has been sold by the courts in Singapore.

Marcus Hand, Editor

March 6, 2017

1 Min Read
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The 1998-built, traditional panamax boxship Hanjin Rome was listed as sold on 1 March on the Singapore Supreme Court.

The vessel owned by Hanjin was arrested on 30 August 2016, one day before the South Korean shipping line filed for bankruptcy. According to Alphaliner the vessel departed Singapore on 2 March to be scrapped in Chittagong, and was the last boxship in Hanjin's fleet marking the company's final exit from container shipping after 40 years.

The vessel relatively easily accessible on Singapore anchorages gained international coverage and was featured by news organisations such as the BBC demonstrating the impact of the collapse of Hanjin. The vessel came into berth in October in Singapore to offload its cargo.

Meanwhile the Straits Times in Singapore reported that Hanjin had closed down one of its two offices in the country while another appeared to be partially shut.

Formerly the world's seventh largest container line Hanjin was declared bankrupt of 17 February this year.

Read all the background to the Hanjin Shipping bankruptcy on our timeline

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About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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