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.

08 Aug 2017
Creditors of bankrupt carrier Hanjin Shipping have filed claims that would give them only a tiny proportion of what is owed, a company attorney has told a New Jersey bankruptcy court.
06 Jan 2017
Port of Seattle wants MSC to post a bond guarantee before being allowed to purchase Terminal 46.
04 Jan 2017
The trans-Pacific is one of the world’s most competitive container trades, with at least six container lines over the last six years having entered the trade lane only to pull out later.
27 Dec 2016
Hanjin Shipping’s US liabilities far exceed its US assets, the company told a New Jersey bankruptcy court Tuesday amid close scrutiny from a host of US creditors.
21 Dec 2016
A court in Seoul approved the sale of Hanjin Shipping’s stake in US port operator Total Terminals International to Mediterranean Shipping Co.
14 Dec 2016
US logistics are jockeying in court to ensure they get paid for services provided to Hanjin Shipping in the wake of an auditor’s report that the carrier has little value and is likely headed for liquidation.
07 Dec 2016
TTI refuses to post security bond with Northwest Seaport Alliance.
01 Dec 2016
Risks surrounding rapid changes in carrier and terminal industries are a source of confusion for ports and shippers.
22 Nov 2016
A Hanjin Shipping attorney told a federal court Tuesday that it has virtually no assets in the United States to compensate claimants who are fighting to preserve their claim rights if the court recognizes the carriers’ South Korean bankruptcy case.
22 Nov 2016
Cargo insurance company and several logistics companies also filed papers to protect their rights to make claims against Hanjin Shipping if a US bankruptcy court recognizes the carrier’s South Korean bankruptcy proceeding.
17 Nov 2016
The South Korean government is looking to the country's large multinational exporters to take a major role in turning around the fortunes of its struggling shipping sector.
16 Nov 2016
Hanjin Shipping spiraled closer to insolvency in the third quarter as Hyundai Merchant Marine turned a profit for the second straight three-month period as they plan for the future.