Hyundai Samho delivers HANJIN MAR (4,530 teu) – last of baby-overpanamax trio

Hyundai Samho Heavy Industries this week delivered the 4,530 teu wide-beam vessel HANJIN MAR. The ship is the last of three sisters which Seoul-based HI Investment & Securities ordered from the yard in mid-2011. The orders were placed on the back of seven-year charters to Hanjin.

In addition to the three ships from Hyundai Samho that Hanjin is to receive via HI Investment, the Korean carrier furthermore directly ordered three ships of roughly similar capacity from Samsung Heavy Industries.

The new compact wide-beam vessels will most likely replace a series of +4,000 teu panamaxes which Hanjin received throughout the 1990ies and of which the carrier already offloaded some units by means of sale and charter back deals or straight recycling sales.

The HANJIN MAR begins her active service on the ‘CKA’ China Korea Australia service  which Hanjin jointly operates alongside Yang Ming, STX Pan Ocean, Sinotrans and Heung-A. She follows one month after the HANJIN MARINE, delivered in May, which trades on the same service. The HANJIN MAR replaced the panamax-beam 4,253 teu HANJIN DÜSSELDORF which moves to the Hanjin- and Coscon-operated CKYH Far East – Panama – USEC loop ‘AWS’/’AW7’.

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