Tag: Hanjin

May 11, 2017

Many of the ports making up the JOC Top 25 North American container ports rankings in 2015 made the cut again in 2016, but many of the rankings have changed, reflecting the impact of Hanjin Shipping’s bankruptcy and the return […]

November 8, 2016

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. Robbert van Trooijen, Asia Pacific CEO of […]

October 27, 2016

Six container ships of the bankrupt South Korean shipping company Hanjin Shipping Co. will now be operated by Danish shipping giant Maersk Line, according to Germany’s HSH Nordbank. The six container ships under the new long-term charter deals are Neopanamax vessels with a […]

October 20, 2016

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. The layoffs were announced on top of […]

October 14, 2016

US Port of Long Beach container volumes declined 16.6 percent year-over-year in September, as the effects of the Hanjin Shipping’s bankruptcy reached West Coast ports. The port said that longshore workers moved 546,805 twenty-foot equivalent units last month. This included […]

September 30, 2016

The global shipping industry, ravaged by collapsing revenues, defensive mergers and the failure of major player South Korea’s Hanjin Shipping Co. slowly is waking up to the redeeming potential of technology. While sensor-laden containers, smart ships and 3D printing have […]

September 16, 2016

The bankruptcy of Korean ocean liner Hanjin Shipping Co. is causing ripple effects for importers bringing goods from Asian factories to U.S. malls by creating a shortage of trailers to move containers on U.S. roads. The world’s seventh-largest container carrier […]