Hanjin Shipping
-
Asia
Former Hanjin Shipping boss avoids arrest
A court in Seoul threw out a prosecution request yesterday for an arrest warrant for a former Hanjin Shipping boss…
Read More » -
Asia
Seoul financial watchdog refuses to rule out HMM/Hanjin merger
A mega merger story that refuses to die down has reemerged in South Korea today. Lim Jong-ryong, chairman of the…
Read More » -
Asia
Arrest warrant sought for former Hanjin Shipping chairman
Prosecutors on Sunday sought the arrest warrant of the ex-chairman of Hanjin Shipping, who has been hit with insider trading…
Read More » -
Asia
Former Hanjin chairman faces prosecutors’ insider trading charges
Choi Eun-young, the former head of Hanjin Shipping, appeared before prosecutors in Seoul today, accused of insider trading. Choi, and…
Read More » -
Asia
‘Charter talks are progressing as planned’: Hanjin Shipping
Hanjin Shipping has stressed its negotiations with foreign owners on cutting charter costs are continuing. The negotiations are a key…
Read More » -
Asia
‘Groundless rumour’: HMM slams Hanjin merger talk
Hyundai Merchant Marine (HMM) has slammed reports linking it to a merger with compatriot Korean line Hanjin Shipping. Local media…
Read More » -
Asia
HMM urged to merge with Hanjin Shipping to join THE Alliance
THE Alliance, a brand new grouping of six containerlines, only has room for one South Korean member, according to a…
Read More » -
Asia
Hanjin Shipping bulker resumes sailing
Hanjin Shipping issues a release on Sunday to communicate that its bulker, has resumed its sailing on May 27. The…
Read More » -
Asia
HMM and Hanjin share prices soar on optimistic charter talks
The share prices of South Korea’s leading two shipping lines rocketed today on speculation that significant advances had been made…
Read More » -
Asia
Vessel arrest ratchets up pressure on Hanjin Shipping
In a sign of just how tough a financial position hard-up Hanjin Shipping really is in, one of its ships…
Read More » -
Asia
Hanjin Shipping clinches key debt repayment extension
In a significant fillip to Hanjin Shipping’s urgent restructuring plans bondholders have agreed to extend the maturity of debts by…
Read More » -
Asia
Six-year-old cape fetches $38m for Hanjin
Hanjin Shipping has sold a six-year-old capesize, , for $38m to H-Line Shipping as part of efforts to raise cash…
Read More » -
Asia
THE Alliance formed by Hanjin, Hapag-Lloyd, K Line, MOL, NYK and Yang Ming
Container shipping operators Hanjin, Hapag-Lloyd, K Line, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Yang Ming have confirmed the creation of a new…
Read More » -
Asia
Investigators step up insider trading probe at Hanjin Shipping
The office and home of Choi Eun-yeong, former chairman of Hanjin Shipping, were raided this morning as prosecutors pursue insider…
Read More » -
Asia
Creditors approve Hanjin’s restructuring plans
As expected Hanjin Shipping announced today that its creditor banks have approved its proposal for a voluntary restructuring agreement. Hanjin…
Read More » -
Asia
Hanjin Shipping boss seeks support from owners
The Wall Street Journal has details of a letter sent by Hanjin Shipping ceo Suk Tae-soo, asking for help from…
Read More » -
Asia
Hanjin expected to outline restructuring plans on Wednesday
Local media in Seoul is reporting Hanjin Shipping will unveil a creditor-led restructuring program on Wednesday. The plans are likely…
Read More » -
Asia
Creditors put pressure on Cho family to help save Hanjin Shipping
Hanjin Shipping will need KRW1.2trn won ($1bn) to keep going for the next two years, according to a report written…
Read More » -
Asia
Analysts in the firing line for failure to spot Hanjin’s demise
Analysts in Seoul failed to see the full plight of Hanjin Shipping, and are on the receiving end of considerable…
Read More » -
Asia
Financial watchdog investigates former Hanjin chairman’s share selloff
South Korea’s Financial Supervisory Service is looking into speculation that Choi Eun-yeong, Hanjin Shipping’s chairman until 2014, profited from the…
Read More »