Hanjin Shipping Files for Receivership as Ports Turn Away its Vessels
By Joyce Lee and Se Young Lee SEOUL, Aug 31 (Reuters) – South Korea’s Hanjin Shipping Co Ltd filed for court receivership on Wednesday after losing
gCaptain’s full coverage of the global container shipping industry.
By Joyce Lee and Se Young Lee SEOUL, Aug 31 (Reuters) – South Korea’s Hanjin Shipping Co Ltd filed for court receivership on Wednesday after losing
By Kyunghee Park and Christian Wienberg (Bloomberg) — Hanjin Shipping Co. is hardly a bellwether in the world of container movers. As lenders halt all
By Mike Wacket (TheLoadstar) It might not be easy for one of the new mega east-west vessel-sharing alliances to appease the regulators. The
by Kyunghee Park (Bloomberg) — China Cosco Holdings Co., Asia’s largest container shipping company after a government-led merger last year, posted a
By Mike Wackett (The Loadstar) – Hanjin Shipping today submitted a “financial improvement plan” to its creditor banks in a final attempt to avoid
Sometimes it's difficult to wrap our brains around large numbers generated by Big Data... like the relative size of shipping companies based on their total
One year ago today the 19,224 TEU MV MSC Zoe, one of the world’s biggest containerships, was docking at the Port of Hamburg for its christening and
By Mike Wackett (TheLoadStar) Container lines are enduring a “severe revenue contraction”, said Drewry, after the first six-month turnover figures reported
COPENHAGEN, Aug 12 (Reuters) – A.P. Moller-Maersk kept its downbeat 2016 profit forecast on Friday as the Danish shipping and oil giant reported net
By Mike Wackett (The Loadstar) — As ocean carriers reel from a disastrous first half this year, they seem to have lost lost their appetite for ordering
(Reuters) An Indian conglomerate has started building the country’s first transshipment port, conceived 25 years ago, and the government will construct
By David Fickling (Bloomberg Gadfly) — Think China’s plans to build railways across central Asia will be a boon for global trade? Consider this:
By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. will join the world’s biggest shipping alliance, meeting all conditions imposed by creditors
By Foo Yun Chee BRUSSELS, July 7 (Reuters) – EU antitrust regulators accepted on Thursday an offer from Maersk, the world’s largest container
BERLIN, June 29 (Reuters) – United Arab Shipping Company (UASC) said its six shareholding states backed a merger deal with German container shipping line
By Foo Yun Chee BRUSSELS, June 28 (Reuters) – World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible
By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — As Japan’s shipping lines struggle with losses, the chief executives of companies are facing rough
By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. gained the most in more than two decades in Seoul trading on optimism a restructuring plan for
By Jacob Gronholt-Pedersen and Teis Jensen COPENHAGEN, June 23 (Reuters) – Danish shipping and oil group A. P. Moller-Maersk could split up into separate
By Gavin van Marle (The Loadstar) – The continuing cost-per-slot supremacy of ultra-large container vessels (ULCVs) was called into question by speakers
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