State-run Korea Development Bank (KDB) has placed 10 Hanjin Shipping vessels on the sales block.

Industry sources cited by the Yonhap news agency said the collapsed owner’s main creditor wants bids in by 21 February.

The 10 comprise eight boxships and two bulkers.

KDB is trying to recover some of its loans to Hanjin, which is likely to be liquidated by a Seoul court on 17 February.

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