Hanjin Shipping
-
Asia
Hanjin Shipping shares suspended as creditors walk away
Hanjin Shipping’s shares were suspended today after slumping 29% after its restructuring plans were rejected by creditors, putting the nation’s…
Read More » -
Asia
Korea Shipowners’ Association weighs in on Hanjin Shipping losses
This is the week where Hanjin Shipping will find out if it has done enough to avoid court receivership with…
Read More » -
Asia
Seaspan relents in charter negotiations with Hanjin Shipping
Hanjin Shipping has announced major progress in negotiations with tonnage providers and lenders, suggesting it will survive the September 4…
Read More » -
Asia
Hanjin Shipping makes key creditor deadline
A spokesperson for Hanjin Shipping has confirmed to Splash that the line is submitting to lead creditor the Korea Development…
Read More » -
Asia
Hanjin misses key deadline, moves closer to receivership
Hanjin Group has missed an August 20 deadline to outline to creditors how it will help fund Hanjin Shipping’s liquidity…
Read More » -
Asia
Has Hanjin made a breakthrough days ahead of court receivership deadline?
There’s just 19 days to go until Hanjin Shipping must meet stipulations set out by creditors or risk entering court…
Read More » -
Asia
Hanjin Transportation may buy Hanjin Shipping’s Long Beach terminal
Hanjin Shipping may sell its container terminal at the Port of Long Beach in California to parcel delivery firm Hanjin…
Read More » -
Asia
Seoul rules out rescuing Hanjin Shipping
South Korea’s lead financial regulator said today that Hanjin Shipping will receive no financial aid from the state. Reeling from…
Read More » -
Americas
‘We’ll not entertain the rate reduction’: Gerry Wang remains firm on Hanjin charters
Gerry Wang, the head of Seaspan Corp, has firmly reiterated his stance that he will not budge in charter renegotiations…
Read More » -
Asia
Korean Air arrives with Hanjin Shipping rescue package
In what is likely to be another crucial week for the survival of Hanjin Shipping, reports are emerging in Seoul…
Read More » -
Asia
Hanjin Group chairman urged to cough up to help ailing shipping line
Hanjin Shipping’s main creditor has reiterated that the chairman of Hanjin Group needs to cough up cash to help the…
Read More » -
Asia
Hanjin Shipping expected to be given extra month to get restructuring set
Hanjin Shipping is expected to be given an extra month to get its debt rescheduling program in place. Korea Development…
Read More » -
Asia
Hanjin Shipping reportedly looking to push back restructuring deadline
Maeil Business, a South Korean newspaper, is reporting troubled Hanjin Shipping is looking to extend its deadlines to meet all…
Read More » -
Asia
Struggling Hanjin Shipping offloading stake in Vietnamese terminal
Financially troubled Hanjin Shipping is selling its stake in Tan Cang Cai Mep International Terminal (TCIT) in southern Vietnam. The…
Read More » -
Asia
Hanjin Shipping seeks debt repayment extensions
In the lengthy restructuring process at South Korea’s number one shipping line, Hanjin Shipping has now started negotiations with foreign…
Read More » -
Asia
Ex-Hanjin chairwoman summoned again on allegations of insider trading
Hanjin Shipping’s ex-chairwoman Choi Eun-young has been summoned again by the Seoul Southern District Prosecutors’ Office on suspicion of illegal…
Read More » -
Asia
KDB hatches plan to keep Hanjin Shipping solvent
The Korea Development Bank (KDB) is in discussions with Hanjin Group to eek out a financial plan to give Hanjin…
Read More » -
Americas
‘Stand firm behind Hanjin Shipping right away,’ Gerry Wang tells Seoul
The founder of Seaspan has weighed into the ongoing maelstrom seen in Korean shipping telling Splash in an exclusive interview…
Read More » -
Asia
Korea Shipowners’ Association warns on heavy impact were HMM and Hanjin to fold
The Korea Shipowners’ Association has estimated that if Hanjin Shipping and Hyundai Merchant Marine were to go bankrupt, 5,400 jobs…
Read More » -
Americas
No deal: Gerry Wang refuses to budge on Hanjin charter renegotiations
The chairman of Hanjin Group has met with its lead tonnage provider Seaspan this week, but has failed to get…
Read More »