Browsing Tag

Hanjin Shipping receivership

6 posts

HMM keen to acquire Hanjin’s Asia-US trade route

South Korea’s second leading ocean carrier Hyundai Merchant Marine Co. (HMM) is considering bidding for its bigger local rival Hanjin Shipping Co.’s Asia-U.S. route,…
  • October 19, 2016
  • 2 minute read

28 Hanjin ships complete cargo discharge

About one-third of the container ships operated by South Korea’s Hanjin Shipping Co. have completed their cargo unloading at ports around the world as…
  • September 19, 2016
  • 2 minute read

‘There will very likely be more Hanjins,’ warns report

The passing of South Korean ocean shipping behemoth Hanjin is not an isolated case and, given the current situation in the industry, there is…
  • September 12, 2016
  • 3 minute read

Box freight rates surge as Hanjin goes belly-up

Spot container freight rates on the major routes from Asia soared by up to 42% on Thursday, September 1, following the collapse of Hanjin…
  • September 6, 2016
  • 1 minute read

Hanjin’s crash to leave a huge mess, says Drewry

South Korean carrier Hanjin Shipping’s filing for court receivership last week debunks the notion of the invincibility of major container carriers and brings short-…
  • September 6, 2016
  • 4 minute read

Hanjin out of CKYHE alliance, has 45 vessels rejected at ports

Beleaguered Hanjin Shipping Co., South Korea’s leading container shipper currently under receivership, said September 2 that 45 of its ships, including 41 container carriers,…
  • September 3, 2016
  • 3 minute read