Hanjin Shipping gets $80.5m financing
Hanjin Shipping of South Korea has nailed down $80.5m of shipbuilding financing for its new ordered bulkers. 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, Seatrade Asia online reports. Hanjin Shipping has ordered eight containerships and 13 bulkers so far this year.