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2011 October 10   09:10

Hanjin Shipping bags financing

Hanjin Shipping of South Korea has nailed down $80.5m of shipbuilding financing for its new ordered bulkers, Seatrade Asia reported.

Hanjin secured financing for two capesizes due for delivery at the end of 2012 in a syndicate loan, from Korea Finance Corporation and DVB Bank.

Hanjin Shipping has ordered eight containerships and 13 bulkers so far this year.

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