Hanjin Shipping, once Korea's largest and most prestigious container shipping line, shocked the world by filing for reorganization, sending ripples throughout the global shipping industry. As the ...

We expect that the aggregate EBITDA of Moody's-rated shipping companies will fall by 7%-10% in 2016. Such a result is much worse than the low-single-digit percentage decline we forecast in March ...

Hanjin Shipping submitted early last week to a South Korean court that it could take an estimated 173 billion won ($154.5 million) to unload all stranded cargo, a Seoul Central District Court ...

South Korea’s Hanjin Shipping Co., the seventh largest shipping lines in the world, has filed for bankruptcy protection, creating a tremendous amount of uncertainty with shippers, including many ...

Some of the 15,000 steel shipping containers at the ports of Long Beach, and Los Angeles abandoned in the wake of the financial collapse of Korea-based Hanjin Shipping Co. may be headed to Ontario ...

Chairman Cho Yang-ho and former Hanjin Shipping chair Choi Eun-young earlier contributed a combined $44.6 million from their personal wealth to pay for unloading cargo on Hanjin's container ships.

Hanjin Shipping Co., South Korea’s largest container line that has put its Asia-U.S. business on sale after filing for bankruptcy protection in late August, won approval from a court to wind ...

Hanjin accounts for about 3 percent of shipping containers globally. It's big enough that U.S. retailers are worried that delays will shorten the busy holiday shopping season as they wait for ...

Hanjin Shipping's implosion has become an expensive mess for retailers, who are dealing with delays and spending piles of cash to get their goods through ports to warehouses.

Hanjin Shipping Co. has signed a contract to sell its stake in the largest terminal at the Port of Long Beach to Mediterranean Shipping Co. A South Korean court announced the sale Tuesday, the ...

Hanjin Shipping submitted early last week to a South Korean court that it could take an estimated 173 billion won ($154.5 million) to unload all stranded cargo, a Seoul Central District Court ...