AsiaContainers

Hanjin slides to 100th spot in Alphaliner’s rankings

Once the seventh largest containerline in the world, South Korea’s Hanjin Shipping now stands in 100th position on Alphaliner’s list of the top 100 liners. 177 days since it sought court protection and a week on from being declared bankrupt Alphaliner now lists Hanjin as having one 5,302 teu ship left to its name, a far cry from the 609,500 teu it controlled when it filed for court receivership at the end of August.

Creditors have until May 1 to file claims against Hanjin. In the US, Maher Terminals, which operates out of the Port of New York/New Jersey has filed a claim to seize and sell some of the Hanjin containers that are still clogging up its facility. Maher says Hanjin owes it around $3m.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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