SEASPAN THAMES

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More Hanjin vessels offload cargo - Hanjin Jungil berthed in Long Beach

Thirty-five of the 97 containerships operated by the now insolvent South Korean ocean carrier have completed cargo unloading, Korea’s Yonhap News Agency reported Friday. The Marine Exchange of Southern California said it expected the Hanjin Jungil will arrive at Total Terminals International in Long Beach Friday afternoon to discharge containers and then proceed to Oakland. Meanwhile, the Hanjin Miami is unloading cargo at the Maher Terminal in Elizabeth, N.J. after circling off the U.S. East Coast for weeks. A spokesman for the Port of New York and New Jersey said the ship will be finished with cargo operations by midday Friday and will leave Maher at that time. In addition, the Hanjin Marine was scheduled to arrive in Seattle Friday, while the Hanjin Croatia was scheduled to arrive in Manzanillo, Mexico Friday as well, according to a customer advisory from Hanjin.

Hanjin Says U.S.-Bound Ship Is Being Held ‘Hostage’

(Reuters) A lawyer for Hanjin Shipping Co Ltd (117930.KS), the failed South Korean container carrier, said on Thursday a U.S.-bound vessel was held “hostage” by disputes over payments, adding to the struggles in getting $14 billion of cargo off its ships stranded at sea. “There is no clear visibility yet on what will happen with this business,” Hanjin lawyer Ilana Volkov said at a hearing, when asked by U.S. Bankruptcy Judge John Sherwood whether Hanjin was liquidating. Hanjin, the world’s seventh-largest container line, filed for bankruptcy last month, leaving more than 100 ships and their cargo at sea and threatening to snarl U.S. freight traffic as the year-end shopping season approaches. Some ships chartered to Hanjin have been sold and more are up for sale. Last week, Hanjin said a Korean judge authorized $10 million to pay tug operators, ports and cargo handlers to unload four of its U.S.-bound vessels. Since then, the Hanjin Boston, Hanjin Greece and Hanjin Gdynia have begun to unload. But the fourth ship, the Hanjin Jungil, remains at sea off the coast of California, according to the Marine Exchange of Southern California. “We’re negotiating with every service provider and they are saying ‘I’m not going to let this ship berth,'” said Volkov at the Newark, New Jersey hearing. “My client is being held hostage.” She told the court that the Korean court had postponed hearing Hanjin’s request to authorize another $50 million that would allow at least four more Hanjin ships to unload U.S. cargo. As of Wednesday, of Hanjin’s 97 container ships, 36 were waiting outside of overseas ports, according to South Korea’s finance ministry. Of the reminder, 37 had yet to unload and planned to return to Korea, and 24 had unloaded in Korea and elsewhere, the ministry said. More at https://gcaptain.com/hanjin-says-u-s-bound-ship-held-hostage/

2nd unit of 17 ordered SEASPAN Super Saver 10.000 TEU container ships delivered

After the delivery of the 1st unit, the HANJIN BUDDHA now the 2nd unit out of a series of 17 SEASPAN Super Saver 10.000 TEU container ships build in China named HANJIN JUNGIL left from Taicang Offshore base April 30th for her maiden voyage. The Seaspan container ship hull lines have been optimised for a speed range of 18 to 22 knots. In this range, the fuel consumption has been reduced by 16 to 27 percent compared to contemporary similar-size ship series presently operated by the industry. Compared to current 10,000TEU container vessels in operation or presently being built, DNV said the improvements due to new design features are substantial. The cargo capacity is increased by 10 percent while the fuel consumption is reduced by 20 percent.