Prolific bulker buyer JP Morgan is believed to have picked off the final two capesizes from the fleet of bankrupt Hanjin Shipping.
The Daehan-built, 180,000-dwt Hanjin Newcastle (built 2011) and Hanjin Port Walcott (built 2012) were said to have been secured in a $53m deal this week.
Initial reports had pointed to Eyal Ofer’s Zodiac Maritime as the buyer. However, market sources say this is not the case.
