Hanjin Shipping
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Asia
Hanjin Shipping’s share price hits record low as it sets about restructuring
Hanjin Shipping’s share price touched record lows this morning in Seoul, hitting KRW2,580 as the line announced plans for a…
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Asia
Danaos most exposed if Hanjin Shipping starts to renegotiate contracts
South Korean media is awash with reports that Hanjin Shipping could follow Hyundai Merchant Marine in seeking urgent charter contract…
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Asia
Hanjin Shipping link scares Korean Air investors
Hanjin Shipping’s precarious financial position has killed off a bonds issuance from parent Korean Air. Investors have shied away from…
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Asia
Hanjin Shipping confirms asset sales are on the cards
Hanjin Shipping, questioned by the Korea Stock Exchange, has confirmed earlier reports carried by this site that it is looking…
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Asia
Hanjin Shipping looks to gain $1bn from savings and sales
Like a number of compatriot lines, Hanjin Shipping is looking at drastic financial remedial action. With a debt ratio of…
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Asia
Hanjin and HMM told to reduce debts if they want to access state funds
Korean authorities will turn the taps off leading lines until they bring their extraordinary debts under control. The Financial Services…
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Middle East
Bahri buys VLCC from Hanjin Shipping
The National Shipping Company of Saudi Arabia (Bahri) has confirmed it has signed a memorandum of agreement (MoA) to buy…
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Asia
‘Half-baked rumour’: HMM/Hanjin merger dismissed
Hyundai Merchant Marine (HMM) might be struggling to stay solvent amid mounting debts and urgent due repayments, but it is…
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Asia
HMM merger talk with Hanjin reignites
The pressure on South Korea’s Hyundai Merchant Marine continues to mount with shipping consultant Drewry downgrading the line this week…
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Asia
As Seoul cuts financial lifeline, merger talk reemerges between HMM and Hanjin
The debt situation at South Korea’s two largest shipping lines is causing serious concern in local circles with authorities stating…
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