Carriers

South Korean Court Is Considering Sale of Hanjin Shipping

By: Kyunghee Park | Sep 28 2016 at 03:04 AM | Liner Shipping The South Korean court overseeing Hanjin Shipping Co.’s receivership is considering a sale process for the entire container line, a month after the debt-laden company’s filing roiled supply chains worldwide.The Seoul Central District Court has called for …

Carriers

Maersk May Target Hanjin, Hyundai in New Acquisition Plan

By: Christian Wienberg and Kyunghee Park | Sep 26 2016 at 11:52 PM | Liner Shipping  A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new vessels and will instead try to grow through acquisitions, is targeting South Korea’s two biggest shipping firms, according to Jefferies …

Carriers

Hanjin Gets $45 Million Credit Line From Korean State Lender

By: Kyunghee Park | Sep 22 2016 at 05:16 AM | Liner Shipping  Korea Development Bank, the main lender to Hanjin Shipping Co., offered a conditional credit line of 50 billion won ($45 million) to help ease supply-chain disruptions caused by the collapse of the nation’s biggest container mover. The …