Hanjin Shipping will rake in almost $300 million from the spinoff of its dry bulk business, allowing the loss-making Korean carrier to remove a significant portion of debt as it continues to restructure the company.
18 Feb 2014
Evergreen Line has confirmed that it is in negotiations with the CKYH Alliance to form a new alliance...
11 Feb 2014
The Port of Portland Commission on Feb. 12 will be asked to approve an agenda item that would result in a payment of up to $4 million to keep Hanjin Shipping Co., Hapag-Lloyd and other carriers calling at the port in 2014.
29 Jan 2014
Member carriers in the Transpacific Stabilization Agreement plan to increase Asia-U.S. rates by $300 per FEU, effective March 15...
13 Jan 2014
Hanjin Shipping is pulling out of several money-losing trades to cut its ongoing losses.
31 Dec 2013
Seventeen of the Top 20 container carriers worldwide are expecting deliveries of new ships in the next 12 months, which could make 2014 a record-breaking year for capacity...
23 Dec 2013
Hanjin Shipping is planning to invite Evergreen Line to join the CKYH Alliance to improve that network’s competitive posture, South Korean news agency Yonhap reports.
17 Dec 2013
Longshoremen at the Port of Portland on Tuesday were performing work on a Hanjin Shipping Co. vessel that could influence whether the South Korean carrier continues to call in Portland in the coming year.
16 Dec 2013
Will there be a CKYH-E?
29 Nov 2013
Hanjin Shipping today appointed Tai Soo Suk as its new president and CEO.
21 Nov 2013
Container shipping lines operating from Asia to the U.S. intend to restore baseline freight rates for late holiday season shipments in December and the pre-Lunar New Year period in January.
14 Nov 2013
Evergreen Line is partnering with Hanjin Shipping to create a new service linking South Korea, China, Vietnam, Singapore and Malaysia.