South Korea

Hanjin Shipping has until Sept. 4 to meet the conditions set by its creditors, and the South Korean government has expressed reluctance to bail out the struggling container line.
25 Aug 2016
Hanjin Shipping on Thursday submitted its plan to boost liquidity to the Korea Development Bank.
The new CEO of Hyundai Merchant Marine will be quite busy as he or she tries to return to profitability a company that was on the brink of receivership just two months ago.
19 Jul 2016
Hyundai Merchant Marine will get a new CEO in August.
Joining the 2M Alliance will lower Hyundai Merchant Marine's operating costs and help it gain access to much-needed capital.
14 Jul 2016
After much uncertainty and speculation Hyundai Merchant Marine on Thursday announced that it would join the 2M Alliance.
28 Jun 2016
Battling a liquidity crisis, the company must cut costs to remain operational.
17 Jun 2016
Hanjin Shipping's efforts to secure lower charter rates have taken a hit.
16 Jun 2016
Hyundai Merchant Marine’s sailing into the THE Alliance is expected to be smooth.
15 Jun 2016
Hanjin Shipping met with Seaspan to talk about charter rates.
14 Jun 2016
A South Korean government minister has left open the possibility of a merger between Hanjin Shipping and Hyundai Merchant Marine.
14 Jun 2016
Islamic Republic of Iran Shipping Lines launched a new direct regular container service to South Korea.
10 Jun 2016
Hyundai Merchant Marine on Friday said it had reached an agreement with shipowners to secure lower charter rates.
06 Jun 2016
Hanjin Shipping, South Korea’s largest container line, is taking its seat at the negotiation table with tonnage providers.