Container Shipping Market Is So Hot It’s Reviving Hanjin Heavy Industries
South Korean shipbuilder Hanjin Heavy Industries & Construction has announced its first commercial shipbuilding order in six years with an order for four
South Korean shipbuilder Hanjin Heavy Industries & Construction has announced its first commercial shipbuilding order in six years with an order for four
As the 2010’s come to a close, we’re taking a look back at the maritime stories that kept us talking the most these last ten years. Deepwater
By Mike Wackett (The Loadstar) – Another South Korean shipping line under financial pressure has had to write to customers to dispel market rumors of a
By Gavin van Marle (The Loadstar) The US Federal Maritime Commission (FMC) yesterday approved THE Alliance’s plan for a $50m contingency fund in case one of
South Korea’s shipping companies are preparing to launch a domestic shipping alliance to help the nation better compete in the global container shipping
By Kyunghee Park and Jung Park (Bloomberg) — Last August, the Korea Development Bank left cash-strapped Hanjin Shipping Co. adrift at sea —
By Gavin van Marle in Long Beach (The Loadstar) – The entire shipping industry – carriers and their customers and suppliers – need to come together
SEOUL, Feb 2 (Reuters) – A South Korean court said on Thursday it decided to end Hanjin Shipping Co Ltd’s court receivership process and expects to
By Gavin van Marle (The Loadstar) – As debt claims against bankrupt South Korean carrier Hanjin Shipping continue to mount in both the US and South
By Heejin Kim (Bloomberg) — One day after a Korean stock exchange official called the shares of Hanjin Shipping Co. “ trash,” investors piled in,
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co. shares surged by their daily limit of 30 percent in Seoul after a local media report that the sale of
The Long Beach Board of Harbor Commissioners is set to consider an offer from a unit of Mediterranean Shipping Company to purchase Hanjin Shipping’s
By Mike Wackett (The Loadstar) – Three months after the collapse of Hanjin Shipping, hundreds of shippers have still not received their cargo, even
By Mike Wackett (The Loadstar) – In the wake of the Hanjin bankruptcy, THE Alliance has devised a “catastrophic instrument” funding mechanism, to be
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most
By Brenda Goh and Faith Hung SHANGHAI/TAIPEI, Nov 7 (Reuters) – Cargo owners are becoming more concerned about risks and are shifting their business to
By Sam Whelan (TheLoadstar) After the supply chain havoc caused by Hanjin Shipping’s collapse, and with an alliance reshuffle on the horizon, should
By Catherine Ngai VANCOUVER, Oct 27 (Reuters) – A container vessel that spent months sitting off Canada’s west coast due to the collapse of a major
LONDON/FRANKFURT, Oct 27 (Reuters) – Germany’s HSH Nordbank has arranged a deal which will see six container ships from collapsed South Korean line
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s largest container line that has put its Asia-U.S. business on sale after filing
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