tag Hanjin Shipping

Doubts raised on Hanjin rehab plan as ships clog Busan port

EghtesadOnline: The South Korean court handling Hanjin Shipping 's receivership cast doubt on the container carrier's ability to survive a restructuring, news reports said, as 13 Hanjin ships crowded waters outside the country's biggest port.
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Publish Date:21/September/2016 | 10:48

Hanjin Shipping plan would see sale of most of its ships: WSJ

EghtesadOnline: South Korea's Hanjin Shipping Co Ltd, whose collapse has disrupted global trade, is considering a restructuring plan to sell more than half its ships, the Wall Street Journal reported on Friday, citing people familiar with the matter.
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Publish Date:17/September/2016 | 07:56

Hanjin Shipping secures $36 million, more may take 'considerable time'

EghtesadOnline: The chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper's vessels, a spokesman said, but regulators warned securing further funds could take "considerable time".
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Publish Date:13/September/2016 | 05:54

Hanjin Shipping gets U.S. court order, cash to unload ships

EghtesadOnline: A U.S. judge on Friday signed an order granting Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports.
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Publish Date:10/September/2016 | 07:06

Samsung Says $38 Million of Goods On Board Two Hanjin Vessels

EghtesadOnline: Samsung Electronics Co., the world’s biggest smartphone maker, said about $38 million of its goods and parts were on board two vessels operated by the distressed Hanjin Shipping Co., which applied for bankruptcy protection last week.
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Publish Date:07/September/2016 | 09:51

Hanjin Shipping filed for U.S. bankruptcy protection: WSJ

EghtesadOnline: Troubled container shipper Hanjin Shipping Co Ltd has filed for bankruptcy in the United States to protect its vessels from being seized by creditors, the Wall Street Journal reported, citing a filing by the South Korean firm.
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Publish Date:05/September/2016 | 08:35