South Korea

26 May 2017
Prior to the collapse of the national shipping line, Busan was poised to supplant Hong Kong in global port rankings.
06 Sep 2016
An emergency response team from the Busan port authority estimates Hanjin Shipping has 530,000 containers in transit worldwide.
It is estimated that Hanjin Shipping vessels stuck in limbo are carrying cargo that is owned by 8,300 cargo owners and valued at more than $14 billion.
06 Sep 2016
Another Hanjin vessel has been detained as creditors of the stricken liner launch legal action to recover unpaid bills.
05 Sep 2016
The Asia-Mediterranean trade is suddenly 150,000 twenty-foot-equivalent units lighter after Hanjin Shipping's collapse.
04 Sep 2016
Hanjin Shipping's collapse is having a heavy impact on South Korea's busiest container port.
03 Sep 2016
Maersk Line brought some clarity to fears that all the vessels in Hanjin Shipping’s fleet faced arrest by creditors.
02 Sep 2016
Shipowners seeking to recoup losses from Hanjin Shipping are taking aim at the liner’s customers through lawsuits.
02 Sep 2016
The focus of the Hanjin Shipping fallout has shifted into the legal arena.
02 Sep 2016
HMM has stepped in to plug the hole left by Hanjin vessels that are being refused entry to ports, delaying cargo delivery.
Hyundai Merchant Marine will cooperate with a government emergency response team formed to cope with the fallout of Hanjin Shipping's bankruptcy.
01 Sep 2016
Hyundai Merchant Marine plans to help shield South Korean shippers and its logistics sectors from the repercussions of Hanjin Shipping entering receivership.
01 Sep 2016
Shippers woke Thursday to a nightmare scenario.