hanjin News Updates

TCA

California Town Goes to Court to Remove Abandoned Hanjin Containers

Officials in Ontario, California, are continuing efforts to remove hundreds of abandoned shipping containers that have illegally been placed on properties in agricultural  areas, City Manager Al Boling said.

November 28, 2016
Business, Logistics

Hanjin Still Hurts Long Beach, but Other Ports Post Strong October Results

October numbers continue to show strong growth at most major U.S. ports, except for the Port of Long Beach, California, which continues to suffer from the Hanjin Shipping Co. bankruptcy.

November 15, 2016
Business, Logistics

Korea Line Is Winning Bidder for Hanjin Assets in Fire Sale

Korea Line Corp., South Korea’s second-largest bulk carrier, won a bid for some assets of Hanjin Shipping Co. in a bankruptcy sale supervised by a South Korean court.

November 14, 2016
Business, Logistics

Troubled Hanjin's Fleet Shrinks to a Tenth of Its Size

Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels to owners in the weeks after its bankruptcy filing.

November 14, 2016
Business, Logistics

Stores Hustle to Get Holiday Goods to Shelves After Hanjin's Collapse

LOS ANGELES — The last Hanjin Shipping vessel dropping off goods in California has set sail from the Port of Long Beach, finally clearing the many ships left stranded by the company’s sudden collapse two months ago. But in its wake, the giant shipping line has left a mess that retailers across the country will be sorting out for weeks.

November 9, 2016
Business, Logistics

Cargo Owners in Flight to Safety After Hanjin Collapse, Shipping Lines Say

SHANGHAI — 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., top shipping executives said.

November 8, 2016
Business, Logistics

As Holidays Approach, Stores Struggle to Sort Out Hanjin Shipping Mess

The last Hanjin Shipping vessel dropping off goods in California has set sail from the Port of Long Beach, finally clearing the many ships left stranded by the company’s sudden collapse two months ago.

November 7, 2016
Business, Logistics

Leased Hanjin Containers Going Back to Asia

Containers that were leased to Hanjin Shipping Co. and stuck at the trucking company’s yard can now be returned to the Port of Long Beach, California, and loaded onto a vessel chartered to take them back to Asia.

November 4, 2016
Business, Logistics

Hanjin Shipping Wins Court Approval to Wind Down Europe Business

Hanjin Shipping Co., South Korea’s largest container line that has put its Asia-U.S. business on sale after filing for bankruptcy protection in late August, won approval from a court to wind down its European operations as demand for its services to the continent slumped.

October 24, 2016
Business, Logistics

Bankrupt South Korean Shipping Giant Hanjin to Lay Off 400 Workers

SEOUL — Bankrupt South Korean shipping giant Hanjin said Oct. 20 it plans to lay off 400 workers — more than half of its land-based staff  — as it attempts to right its corporate ship.

October 20, 2016