THE much-anticipated distressed assets sales in light of Hanjin Shipping's court-led receivership has happened the dry bulk market with the latest deal being the sale of the 179,166 dwt capesize vessel Hanjin Matsuyama.
News ID: 68894 Publish Date : 2016/10/19
Rates have shown a higher increase on Mediterranean trade lane than any other in two weeks since Korean lines failure
News ID: 68870 Publish Date : 2016/09/16
The fall of South Korea’s biggest container line Hanjin Shipping Co. is similar to the 2008 collapse of Lehman Brothers Holdings Inc. and has materially impacted the shipping industry, Seaspan Corp. Chief Executive Officer Gerry Wang said.
News ID: 68857 Publish Date : 2016/09/18
Forecast:
MAJOR US container ports are expected to be at near-peak throughput levels in September amid the Hanjin Shipping bankruptcy.
News ID: 68825 Publish Date : 2016/09/13
Second ship from bankrupt Hanjin allowed into California ports.
News ID: 68818 Publish Date : 2016/09/13
Korean Air Lines, the biggest shareholder of Hanjin Shipping, has approved a plan to provide a loan of 60 billion won ($55 million) to the troubled shipper.
News ID: 68807 Publish Date : 2016/09/11
Hanjin Vienna Arrested
SEVEN vessels owned by Hanjin shipping and managed by Reederi NSB wait at anchor for orders, with one currently under arrest, the shipmanager said in a statement.
News ID: 68799 Publish Date : 2016/09/10
A report by the US Department of Agriculture (USDA) warns that disruption to ports and shipping caused by the failure could last two to three months.
News ID: 68796 Publish Date : 2016/09/10
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
Roughly half of Hanjin Shipping Co Ltd's container vessels have been blocked from ports since the South Korean firm's collapse, putting manufacturers and their customers increasingly on edge about the fate of cargo and spikes in freight costs.
News ID: 68657 Publish Date : 2016/09/04
:NYK and Hapag-Lloyd say
NIPPON Yusen Kaisha and Hapag-Lloyd have broken their silence after future container alliance partner Hanjin Shipping filed for court receivership, saying the South Korean carrier’s downfall would have “limited” impact on The Alliance.
News ID: 68629 Publish Date : 2016/09/03
Seaspan Corp., a container ship-leasing company, said it won’t accept Hanjin Shipping Co.’s request for a cut in charter rates by about 30 percent, dealing a blow to efforts by South Korea’s biggest liner to revamp debt amid a prolonged trade slump.
News ID: 68537 Publish Date : 2016/08/29
Charter Rate Cuts Demand:
Athens-based containership owner Danaos Corporation has started the negotiations on charter rate cuts with South Korean shipping company Hanjin Shipping.
News ID: 67970 Publish Date : 2016/08/03
Seaspan Corp chief Gerry Wang says it will “not entertain” a cut in charter rates for struggling South Korean container line Hanjin Shipping.
News ID: 67835 Publish Date : 2016/08/03
South Korea’s cash-strapped company Hanjin Shipping has still not reached an agreement with shipowners on charter rate cuts.
News ID: 67599 Publish Date : 2016/07/19