Hanjin Shipping
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Asia
Hanjin seeks to close Europe operations
Embattled Hanjin Shipping’s move to try and forge a future as an intra-Asia operator moves ahead with news the Korean…
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Asia
Hanjin to axe 400 staff in South Korea
Hanjin Shipping will lay off about 400 land-based employees in South Korea as it fights for survival. The news follows…
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Asia
In wake of Hanjin demise, Samsung Electronics eyes the Trans-Siberian
Samsung Electronics, stung by the sudden demise of compatriot Hanjin Shipping, has moved to diversify its supply chain tactics. The…
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Asia
HMM in the mix for Hanjin’s transpacific operations
Hyundai Merchant Marine (HMM) has come out and said it is likely to bid for the transpacific assets of troubled…
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Asia
Hanjin’s longest voyage yet
“Time is the longest distance between two places,” concludes the Tennessee Williams’ character at the end of the play The…
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Asia
Hanjin insurance pay out could hit $1.8bn: Credit Suisse
Credit Suisse analysts are warning the insurance fallout from the demise of Hanjin Shipping could be one of the largest…
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Asia
Hanjin Shipping asset sale under way
The ‘for sale’ sign has officially been placed up at Korean line Hanjin Shipping today after the local court approved…
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Asia
Idle containership fleet swells with redelivered Hanjin vessels
Bankrupt Hanjin Shipping has redelivered the majority of its chartered-in vessels with more to follow, which is swelling the global…
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Asia
Hanjin’s intra-Asia focus pushes ahead with likely transpacific sale
Plenty more is unfolding in the Hanjin Shipping saga with a court in Seoul now mulling selling the Korean line’s…
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Asia
HMM makes transpacific service permanent in wake of Hanjin bankruptcy
South Korea’s Hyundai Merchant Marine (HMM) is making emergency transpacific services permanent in the wake of Hanjin Shipping’s bankruptcy. HMM…
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Asia
Hanjin lays off staff from its US HQ
Some 127 workers have been laid off from Hanjin Shipping’s American headquarters in Paramus, New Jersey, reports say. The redundancies…
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Asia
Hanjin Shipping could have survived with creditor support: Cho
Hanjin Group chairman Cho Yang-Ho said today that Hanjin Shipping could have survived had creditors provided the company with aid,…
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Asia
Hanjin mulls mass layoffs in intra-Asia ploy
Hanjin Shipping is increasingly having to plan ahead for a future as just an intra-Asia operator. South Korea’s largest shipping…
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Americas
ITF highlights plight of Hanjin crew being denied shore leave in US
Seafarers’ labour union the International Transport Workers’ Federation (ITF) said on Wednesday it will report to authorities in Washington D.C.…
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Containers
Shipping by sea? You, your cargo and your embattled carriers
Hard not to feel sorry for the shippers, whose cargo is stuck on the container vessels operated by Hanjin Shipping.…
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Europe
Maerskelina: Hanjin Shipping and HMM acquisition talk questioned
Yesterday’s comments by an analyst at Jefferies suggesting Maersk Line may look to buy both of South Korea’s top two…
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Asia
Hanjin Shipping could still be sold, court says
The court in Seoul overseeing Hanjin Shipping’s receivership has said a sale of the company is one of a number…
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Europe
Maersk linked with taking over both Hanjin and HMM
Maersk Line, fresh from announcing plans to seek acquisitions rather than build new ships, is being linked as the white…
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Asia
HMM share price jumps on Hanjin fleet fire sale speculation
Shares in Hyundai Merchant Marine (HMM) leapt 6% to close in Seoul today at KRW8,700 on increased speculation that the…
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Asia
Hanjin’s demise, commoditisation and a missed opportunity
Mahim Khanna, a regional director with Dutch firm TBA, has his say. This year will go down as the year…
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