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.

23 Sep 2016
A federal bankruptcy judge on Friday agreed that non-vessel-operating common carriers should be covered by part of a protective order granted two weeks ago that was intended to help smooth the release of tens of thousands of containers trapped on Hanjin Shipping vessels and terminals around the globe.
09 Sep 2016
Hanjin Shipping’s attempt to get stranded cargo to shipper customers was dealt a setback.
This screen grab from AISLive shows the location of Hanjin Shipping vessels in the waters off North America and the United States as of 7 p.m. EST, Sept. 8.
08 Sep 2016
No movement of Hanjin ships at US ports is expected until a bankruptcy court in New Jersey rules on protection, possibly on Friday.
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
One of the largest container depots at the Port of New York and New Jersey has begun accepting empty containers of bankrupt Hanjin Shipping.
Getting stranded Hanjin Shipping containers out of ECT in Rotterdam, such as this one pictured on an automated vehicle at the terminal, just got a whole lot cheaper for shippers. Credit: Paul Henriquez
08 Sep 2016
ECT, a leading Rotterdam terminal operator, has slashed charges for releasing containers unloaded from ailing Hanjin Shipping’s vessels.
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.
08 Sep 2016
The Hong Kong Shippers Council is putting pressure on the government to convince HIT to drop its high Hanjin container release charges or it will launch a court action against the terminal.
Locating cargo lost on Hanjin vessels was just the beginning for shippers, who must also deal with different approaches among terminals and ports when those ships finally arrive at their destination.
07 Sep 2016
Operating ports handle terminal fees much differently than terminal operators at landlord ports.
The US Federal Maritime Commission has asked shippers to report any unreasonable increases in cost or decreases in service they encounter in dealing with Hanjin Shipping cargo.
07 Sep 2016
The containers were set to be exported, but Hanjin’s Aug. 31 bankruptcy filing prevented them from being loaded.
As shippers grapple with container lines, terminals and others to secure their Hanjin Cargo, they may also have to make changes to US Customs documentation.
07 Sep 2016
US Customs and Border Protection is the second US federal agency to issue guidance to shippers and other industry stakeholders after the shipping giant filed for court receivership in Korea and later applied for Chapter 15 bankruptcy in the United States last week.
The South Korean government hopes new programs and more funding for existing initiatives will help the ports of Busan and Gwangyang, pictured, recover from the fallout of Hanjin Shipping's collapse.
07 Sep 2016
The South Korean government is giving the port authorities of Busan and Yeosu Gwangyang millions of dollars in an effort to spur an early recovery of transshipment volumes from bankrupt Hanjin Shipping.