The Greek owner is among several companies with bulkers fixed to the troubled South Korean owner, according to a fleet list drawn up by Banchero Costa (Bancosta).
Navios has three capesizes fixed to Hanjin Shipping until 2020 at $29,356 per day, well in excess of current market rates. On Friday capes were earning around $5,300 per day.
The three capesize bulkers involved are the 180,000-dwt Navios Buena Ventura, the Navios Etoile and the Navios Luz (all built 2010).
One of the vessels is owned by Navios Maritime Holdings, while two are owned by Navios master limited partnership (MLP) spin-off Navios Maritime Partners.
At the time of the dropdowns of the Navios Buena Ventura and the Navios Luz to the US-listed MLP, Navios said both charters had been insured by an AA+ rated insurance company in the European Union.
Fellow Greek shipowner Kyla Shipping also has three bulkers on charter to Hanjin Shipping – one capesize unit and two panamaxes.
The ships involved are the 180,000-dwt Captain Vangelis L (built 2009), the 81,365-dwt Aphrodite L (built 2011) and the 81,259-dwt Odysseas L (built 2013).
Germany’s C P Offen has two capesize bulkers fixed to Hanjin Shipping – the 180,000-dwt CPO America (built 2010) and the CPO Asia (built 2011).
A number of Japanese shipowners also have tonnage employed by the South Korean shipowner, but largely in the smaller sizes and typically only one ship.
Some of the names are said to include Daiichi Chuo, Mitsubishi Corp, MC Shipping, Sojitz Marine and Shoei Kisen.
The one exception is Kumiai Senpaku which has its 180,000-dwt bulker Hanjin Matsuyama (built 2011) fixed to Hanjin Shipping.
The latest list also shows that Hanjin Shipping had already begun to return chartered-in tonnage as the latest number of fixed-in vessels is just 19 compared with 33 at the end of the second quarter.
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