News

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 ...
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 ...
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. Ltd. filed for bankruptcy protection Wednesday after negotiations with creditors failed, sinking the seventh-largest cargo container carrier in the world and one of the largest ...
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 Shipping Co., the South Korean ocean carrier that filed for bankruptcy protection in August, has agreed to sell its stake in Total Terminals International to Mediterranean Shipping Co ...
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'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.
A fire sale of troubled Hanjin Shipping Co.’s fleet has begun with the sale of three of the bulk carriers that it has been chartering, giving the clearest sign yet since Hanjin filed for ...
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’s parent to raise and spend $90 million to unload stranded cargo ships Stranded Hanjin ships to unload in Long Beach this week, South Korea says ...