Hanjin Shipping
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Asia
KDB pumps $45m into Hanjin Shipping
Korea Development Bank, the main lender to Hanjin Shipping, has agreed a conditional credit line of KRW50bn ($45m) in a…
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Asia
Attention turns to Hanjin Group’s $7bn debts
Beleaguered Hanjin Shipping has received some welcome news in the form of much needed emergency funding to help offload stranded…
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Contributions
The Hanjin legacy
Paul Slater from First International Corp warns there’s plenty more pain to come. The Hanjin bankruptcy came as no surprise…
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Asia
Court dismisses Hanjin’s rehab plans as ‘realistically impossible’
The future of Hanjin Shipping has been cast further adrift with South Korea’s main news agency Yonhap reporting yesterday that…
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Contributions
Welcome to the Hanjin California
Frazer Hunt, a partner at Australian law firm Mills Oakley, taps The Eagles in charting the chaos sparked by the…
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Asia
Short-term pain, long-term rationalisation: Hanjin focus of Marine Money discussions
The collapse of Hanjin Shipping has brought short-term pain for all carriers, but further down the line the sector’s largest…
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Asia
Hanjin Shipping to return all chartered tonnage
Leading tonnage providers are set to take a $1.2bn hit to their bottom lines with a judge in Seoul ruling…
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Asia
Post-Hanjin, there’s a need for a global container rescue fund
The demise of Hanjin has come as a surprise to many market participants. Mostly, because the signals given by banks…
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Asia
Charterers to take $1.2bn hit as Hanjin pushes plans to become an intra-Asia operator
Hanjin Shipping is trying to reposition itself as a small intra-Asia player if it gets the nod to survive from…
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Contributions
No cures for self-inflicted ailments
Tim Routh from China Sea Rates on lessons to be learned from the Hanjin crisis. We on average see between…
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Asia
Lawyers the winners so far from Hanjin Shipping crisis
Lawyers are clearly the biggest winners to date in the 17 days since Hanjin Shipping sought court receivership, triggering supply…
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Asia
Carriers continue to add transpacific tonnage post-Hanjin
It’s not just Maersk, MSC and Hyundai Merchant Marine (HMM) that have rushed to add capacity on the transpacific trades…
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Americas
Empty Hanjin containers causing logistical headaches at US West Coast ports
Hanjin containers are reportedly backing up at ports on the US West Coast and are beginning to clog logistical flows,…
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Asia
Hanjin ships put up for sale as Italian subsidiary closes
More Hanjin ships have been put up for sale. Citing shipbroking sources, Reuters is reporting that the Hanjin Mar and…
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Asia
Marsh forecasts lower charter rates in the wake of Hanjin’s demise
Cargo owners and shipowners are most at risk of suffering financial losses from Hanjin Shipping’s entering into court receivership, according…
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Asia
Winning Shipping buys ex-Hanjin-chartered capesize
China’s Winning Shipping has bought a capesize from Kumiai Senpaku that was formerly on charter to Hanjin Shipping, which entered…
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Asia
South Korean president warns Seoul will not rescue Hanjin Shipping
Six Hanjin Shipping vessels are confirmed as arrested following the line’s court receivership at the end of last month. Seven…
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Asia
Is Hanjin shipping’s Lehman moment?
Is the fall of Hanjin shipping’s Lehman Brothers moment? That’s the point of view of Gerry Wang, the head of…
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Asia
Shippers could be sued for up to $300m by Hanjin Shipping
Extrapolating statistics from the bankruptcy of budget boxline The Containership Company (TCC) back in 2011, SeaIntel has warned in its…
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Asia
Fire sale surrounding Hanjin Shipping continues
The fire sale related to the Hanjin Shipping fleet is picking up momentum. Two small bulk carriers, which had been…
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