One crewman died and six have been reported as missing following the sinking of two cargo vessels off the Philippines on Tuesday, January 17, the Philippine Coast Guard (PCG) reports.
News ID: 71706 Publish Date : 2017/01/18
after Hanjin collapse
Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea's Hanjin Shipping Co Ltd, top shipping executives said.
News ID: 70154 Publish Date : 2016/11/08
Hanjin:
The bankruptcy of South Korea’s Hanjin Shipping Co have left as much as $14 billion worth of cargo stranded at sea, reports WSJ.
News ID: 68787 Publish Date : 2016/09/09