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.

Webcasts

Midyear Trucking Report: Is a Rally or Retreat Ahead?
Aug 25, 2016 2:00PM EDT
12 Jul 2016
Hanjin Shipping continued its efforts to stay afloat financially by selling its shares in a Cai Mep, Vietnam, container terminal.
20 Nov 2015
The Galex service, an intra-Asia loop operated jointly by Emirates Shipping Line, Hanjin Shipping, Korea Marine Transport Co. and Regional Container Lines, is adding a second call at Cochin, India, on its eastbound rotation.
18 Nov 2015
Hyundai Merchant Marine posted a loss of 24 billion South Korean won ($20.5 million) in the third quarter, amid ongoing speculation of a merger with its bigger compatriot Hanjin Shipping.
11 Nov 2015
Top maritime officials in South Korea said a merger between Hanjin Shipping and Hyundai Merchant Marine was unlikely because the benefits of such a move are difficult to see and it could have significant negative implications for the wider economy.
09 Nov 2015
South Korea carrier Hanjin Shipping has offloaded its stake in its Busan terminal operations as it continues with efforts to bolster liquidity.
03 Nov 2015
Hyundai Merchant Marine on Friday completed a 247.5 billion Korean won ($216.1 million) permanent convertible bond through a newly created entity called Hyundai Bulk Line, staving off a liquidity crisis and halting further talk of a merger with Hanjin Shipping.
28 Oct 2015
South Korea's second-biggest shipping company Hyundai Merchant Marine has refuted rumors that the government asked the carrier to merge with its bigger compatriot, Hanjin Shipping.
16 Oct 2015
Hanjin Shipping, South Korea’s largest container carrier, is continuing its strategy of divestment as it works to focus on the container shipping industry and improve its liquidity in a time of falling freight rates.
09 Oct 2015
South Korea’s container shipping companies Hanjin Shipping and Hyundai Merchant Marine are leading the country’s cautious financial recovery, but it’s unclear if the good times will last.