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Hanjin Shipping Co., Ltd. was a South Korean logistics and container transport company. Hanjin Shipping was South Korea's largest container line and one of the world's top ten container carriers in terms of capacity. Hanjin was declared bankrupt by South Korean courts on 17 February 2017.
Feb 17, 2017 · Hanjin Shipping has been officially declared bankrupt, closing the book on the world’s seventh largest container shipping line.
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Feb 17, 2017 · Hanjin Shipping used to be one of the world's top 10 shipping companies. But now, the final curtain has fallen. This Friday, the firm was declared bankrupt by a South Korean court after months...
Feb 17, 2017 · SEOUL (AFP) - The axe finally fell on South Korea's once-mighty Hanjin Shipping on Friday (Feb 17) as a Seoul court declared it bankrupt after struggling for years under the weight of billions...
Sep 14, 2016 · South Korean Hanjin Shipping has ships and crews stranded in ports around the world as creditors and customers wait to see if the company can be saved.
Sep 7, 2016 · The filing for court receivership by Hanjin Shipping on 31 August was the biggest bankruptcy ever seen in container shipping and has sent shockwaves through
Sep 28, 2016 · Since Hanjin Shipping’s bankruptcy, the government has been helping exporters and owners of cargo that is stuck on Hanjin ships – but not the company itself. Instead, it has let the forces of creative destruction unfold.
MANILA -- The Philippines' largest shipyard is set to close with the loss of some 3,500 jobs as financial troubles deepen around its South Korean owner, Hanjin Heavy Industries and Construction.
The bankruptcy of Hanjin was a significant event in global container shipping. The situation of overcapacity ensured that the shock was short-lived and quickly absorbed. Further to shipping, Hanjin had stakes in 20 container terminals, totaling an annual capacity of 22.4 million TEU.
