Hanjin Shipping in Talks to Sell Long Beach Terminal to MSC
By Joyce Lee SEOUL, Oct 21 (Reuters) – Hanjin Shipping Co Ltd is in talks to sell its stake in the Long Beach Terminal in California to Geneva-based
By Joyce Lee SEOUL, Oct 21 (Reuters) – Hanjin Shipping Co Ltd is in talks to sell its stake in the Long Beach Terminal in California to Geneva-based
By Mike Wackett (The Loadstar) – The four remaining members of the CKYHE alliance are the biggest losers in the Hanjin Shipping bankruptcy, in terms of
By Joyce Lee and Keith Wallis SEOUL/SINGAPORE, Oct 18 (Reuters) – South Korea’s Hyundai Merchant Marine Co Ltd said on Tuesday it may submit a
By Joyce Lee SEOUL, Oct 13 (Reuters) – South Korea’s Hanjin Shipping Co Ltd is selling major businesses, including its Asia to U.S. route network,
Container volumes at the Port of Long declined 16.6 percent year-over-year in September as the effects of the Hanjin bankruptcy reached West Coast ports, the
By Kyunghee Park (Bloomberg) — The Seoul Central District Court overseeing the receivership filing of Hanjin Shipping Co. is considering a disposal of
An anchored containership belonging to collapsed South Korean shipping company Hanjin was involved in a minor collision with another containership
By Joyce Lee SEOUL, Oct 4 (Reuters) – The collapsed Hanjin Shipping Co Ltd could not compete against global rivals that were supported by their
By Bloomberg News (Bloomberg) – China Cosco Shipping Corp., owner of Asia’s biggest container-shipping company, said it could consider buying some
By Jeremy Wagstaff SINGAPORE, Sept 29 (Reuters) – The global shipping industry, ravaged by collapsing revenues, defensive mergers and the failure of
By Kyunghee Park (Bloomberg) — The South Korean court overseeing Hanjin Shipping Co.’s receivership is considering a sale process for the entire
By Chris Bryant (Bloomberg Gadfly) — So, Maersk might step in and buy some Hanjin assets after the South Korean shipping company’s bankruptcy
By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s second-largest container line, surged in Seoul trading after the company was
By Tom Hals WILMINGTON, Del, Sept 23 (Reuters) – Failed South Korean container carrier Hanjin Shipping Co Ltd told a U.S. judge on Friday that cargo
By Tiffany Kary (Bloomberg) — Hanjin Shipping Co. and its customers are being asked to pay more than usual to bring freight into U.S. ports,
By Kyunghee Park (Bloomberg) — The South Korean court overseeing the receivership application of Hanjin Shipping Co. said the stranded vessels of
By Joyce Lee SEOUL, Sept 21 (Reuters) – The largest shareholder of Hanjin Shipping Ltd agreed on Wednesday to lend 60 billion won ($53.96 million) to
By Tom Hals and Jim Christie Sept 20 (Reuters) – Failed South Korean cargo line Hanjin Shipping Co Ltd has found the money to unload a full container
By Mike Wackett (The Loadstar) – The container market has been “turned on its head” by the collapse of Hanjin Shipping, according to Oslo-based ocean
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., the South Korean container line that sought bankruptcy protection last month, received a court
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up