South Korea

21 Oct 2016
Creditors of Hanjin Shipping have just four days to make a claim against the troubled carrier.
With the crisis unlikely to abate soon, complaints of inappropriate pricing practices related to Hanjin Shipping cargo will most likely continue to surface.
23 Sep 2016
Hanjin Shipping told a bankruptcy court in Newark, New Jersey, on Friday that railways, terminal operators, and container lessors are price gouging the South Korean line’s shippers by asking those cargo owners to pay more than usual to bring freight into US ports, in the wake of Hanjin’s recent bankruptcy filing.
15 Sep 2016
The Busan Port Authority will offer discounts to CKYE Alliance members in a bid to keep Busan’s cranes busy.
14 Sep 2016
Hanjin Shipping has said it regrets the bottlenecks and complications that have arisen from its bankruptcy and promised to resolve these issues as soon as possible.
14 Sep 2016
Shipping restructuring specialists believe that Hanjin Shipping will ultimately be liquidated, not rehabilitated.
13 Sep 2016
The South Korean port of Gwangyang is doing all it can to ensure that cargo handling continues as smoothly as possible in the chaos that Hanjin Shipping’s fall into bankruptcy spawned.
While Korean Air Lines has approved funding needed to rescue Hanjin Shipping boxes, a complex exhange of shares in a Long Beach container terminal remains an issue.
12 Sep 2016
The board of Korean Air Lines has approved spending that will allow the Hanjin Group to help deliver Hanjin Shipping cargo stuck on ships and in ports around the world.
09 Sep 2016
A South Korean bankruptcy court has approved the use of $10 million by Hanjin Shipping to unload four of its stranded ships in US waters, a US bankruptcy court in New Jersey heard Friday.
09 Sep 2016
A new intra-Asia alliance is on the cards following Hanjin's collapse.
Every moment that Hanjin Shipping cargo remains in limbo threatens further disruption and costs for myriad industries.
08 Sep 2016
The push underscores a restlessness within the transportation industry with the customary pace of a Chapter 15 bankruptcy filing — something that has historically taken months to years to play out.
08 Sep 2016
Korea will tap its domestic carriers to send another 20 vessels to help clear up the mess left by Hanjin Shipping after it filed for receivership on Aug. 31.