Hanjin Shipping

Hanjin Shipping is the world’s seventh-largest container shipping company worldwide and number one in Korea, with a fleet of 98 container vessels. Founded in South Korea in 1949, Hanjin is present in 60 countries with approximately 6,000 employees. Hanjin will join THE Alliance when that vessel-sharing agreement enters force in 2017.

22 Mar 2017
A federal judge has allowed a bank to foreclose on and sell its interest in more than 1,500 Hanjin Shipping containers to repay the bank for owed lease payments.
07 Nov 2016
Doubts that Hanjin Shipping wouldn’t join the THE Alliance began once the liner was placed in receivership Aug. 31, fueling speculation that HMM might take its place.
03 Nov 2016
The Port of Long Beach will chip away at the backlog of empty Hanjin Shipping-leased containers in Southern California that has built up since the container line declared bankruptcy on Aug. 31 when a ship calls to pick up some of the empties.
01 Nov 2016
The judge hearing Hanjin Shipping bankruptcy motions in the United States has rejected a request by retailer Ashley Furniture to set up an “administrative freeze” on freight payments it owed to the carrier.
28 Oct 2016
Hyundai Merchant Marine is one of five bidders for the trans-Pacific and intra-Asia networks of bankrupt Hanjin Shipping.
27 Oct 2016
Terminal operators and stevedores make up the second-largest group of organizations making financial claims against bankrupt Hanjin Shipping.
27 Oct 2016
The fleet of idle container ships is racing to an all-time high.
26 Oct 2016
Anxiety over the staying power of container lines after the Hanjin Shipping collapse is thick among beneficial cargo owners, vendors, and the container lines.
25 Oct 2016
A federal judge on Tuesday allowed a chassis company to terminate leases with Hanjin Shipping.
24 Oct 2016
Hanjin Shipping is negotiating with the terminal operating subsidiary of Mediterranean Shipping Co. to purchase its TTI terminal in Long Beach, but MSC has a minimum annual financial commitment at another terminal in the port.
A container line's ships won't be empty if it goes under, making it harder still for shippers to see the signs they need to avoid disruption like that caused by Hanjin Shipping's insolvency.
22 Oct 2016
The collapse of the seventh-largest global container line in terms of deployed capacity sends a clear message: All bets are off.
21 Oct 2016
Creditors of Hanjin Shipping have just four days to make a claim against the troubled carrier.