Hanjin Group to Rack Up Funds for Hanjin’s Cargo Unloading
South Korea’s conglomerate Hanjin Group is looking to raise KRW 100 billion which would be used to fund the unloading of cargo stranded on vessels following Hanjin Shipping’s decision to file for court receivership… Read More
Drewry: Hanjin’s Move Displays Container Carriers’ Breaking Points
The impending bankruptcy of Korea’s container carrier Hanjin Shipping should serve as a warning that carriers do have breaking points and that they will not always be rescued… Read More
Alphaliner: Hanjin’s Reputation Irreparably Damaged
The poor handling of Hanjin Shipping’s collapse has done irreparable damage to the Korean carrier’s reputation, and it is improbable that the company can be revived as it was, according to Alphaliner… Read More
Maersk Line Expects Minimal Impact from Hanjin’s Move
In the wake of the Hanjin Shipping’s decision to commence rehabilitation procedure, the Danish shipping company Maersk Line said that the company expects the move to have a minimal impact on customers’ cargo… Read More
HMM, Carriers to Form Alliance to Fill in for Hanjin
The South Korean shipping giant Hyundai Merchant Marine has revealed plans to form an alliance with local container carriers, including Korea Marine Transport, Sinokor Merchant Marine and Heung-A Shipping… Read More
World Maritime News Staff