hanjin News Updates

Business, Logistics

Port of Virginia Announces New Restrictions in Wake of Hanjin Bankruptcy

The impact of the bankruptcy filing by South Korean ocean carrier Hanjin Shipping Co. continues to be felt in Hampton Roads.

September 7, 2016
Business, Logistics

Hanjin’s Ghost Ships Seek Havens as Food, Water Start to Dwindle

South Korea’s cash-strapped Hanjin Shipping Co. is adrift at sea — and in more ways than one.

September 6, 2016
Business, Logistics

Officials Call For Action on Cargo Delivery Crisis at Ports of Los Angeles, Long Beach

Politicians gathered at the Port of Long Beach on Sept. 4 to call for the flow of cargo to Southern California to resume, days after the bankruptcy of one of the world’s largest shipping lines disrupted the global supply chain.

September 6, 2016
Business, Logistics

Hanjin Group to Provide $90 Million in Aid to Shipping Line

Hanjin Shipping Co.’s owner will provide $90 million (100 billion won)  as part of efforts to contain disruptions to the global supply chain stemming from the container line’s court-receivership filing.

September 6, 2016
Business, Logistics

Drayage Firms Look for Answers in Wake of Hanjin Shipping Bankruptcy

Trucking companies are scrambling to find answers in the wake of the Hanjin Shipping bankruptcy potentially saddling motor carriers with unreimbursed costs of $100,000 or more.

September 2, 2016
Business, Logistics

Truckers Face Wide-Ranging Challenges From Stranded Hanjin Freight

Truckers who are being challenged on multiple fronts by bankrupt Hanjin Shipping’s stranded cargo that they already have are facing additional obstacles as U.S. ports take a variety of approaches to accepting or releasing the Korean carrier’s goods that are on the docks or afloat nearby.

September 2, 2016
Business, Logistics

Hanjin Ships Get Stranded in High Seas, Roiling Supply Chain

Hanjin Shipping Co.’s vessels are getting stranded at sea after the South Korean container mover filed for court protection, roiling the supply chain of televisions and consumer goods ahead of the holiday season.

, , September 1, 2016
Business, Logistics

Seventh Largest Container Shipping Company One Step Closer to Bankruptcy

SEOUL — Hanjin Shipping Co.'s banks are halting support for the South Korean company, its lead creditor said, making it likely the nation's largest shipper is headed for bankruptcy as it is dragged down by a deep global industry downturn.

August 30, 2016
Business, Logistics

Asia's Shipping Lines Are Facing More Mergers

Swim or sink: That’s the message shipping executives in Asia are taking into the new year.

January 4, 2016