Both French line CMA CGM, as well as MSC, are said to be interested in the quartet. Hanjin subsidiary Senator Lines recently announced it would be cutting back its service network from next year because of competitive pressures. Six services are to close, with the Bremen line concentrating on just 12 key routes in future. Earlier this month, the line chartered out two other 4,545 teu panamaxes, the Yokohama Senator and the Portugal Senator. CMA CGM took both for up to 18 months at just over $29,000 a day. Hanjin Shipping extended the charter on the 4,545 teu Penang Senator and Portland Senator last year for eight years at $32,000 per day, but the market has since softened considerably.
Hanjin redelivers panamax boxships
Both French line CMA CGM, as well as MSC, are said to be interested in the quartet. Hanjin subsidiary Senator Lines recently announced it would be cutting back its service network from next year because of competitive pressures. Six services are to close, with the Bremen line concentrating on just 12 key routes in future. Earlier this month, the line chartered out two other 4,545 teu panamaxes, the Yokohama Senator and the Portugal Senator. CMA CGM took both for up to 18 months at just over $29,000 a day. Hanjin Shipping extended the charter on the 4,545 teu Penang Senator and Portland Senator last year for eight years at $32,000 per day, but the market has since softened considerably.