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Chairman of Hanjin Group, Cho Yang-ho

South Korean police seek warrant to arrest Hanjin CEO

By Jite Eriabie  South Korean police are seeking an arrest warrant for the Chairman of Hanjin Group, Cho Yang-ho. Hanjin Group is a holding company comprising the...

Hanjin shipping

Korea losing port calls after Hanjin Shipping’s bankruptcy

Global shipping companies have reduced their calls at South Korean ports despite adding more worldwide services, partly a result of Hanjin Shipping going bankrupt, a...

hanjin shipping

South Korea court declares Hanjin bankrupt

A South Korean court declared Hanjin Shipping Co Ltd bankrupt on Friday, after ruling earlier this month that the firm’s liquidation value would be worth more than...

The end of Hanjin Shipping – officially declared bankrupt

Hanjin Shipping has been officially declared bankrupt, closing the book on the world’s seventh largest container shipping line As had been expected on Friday the Seoul...

MSC confirms acquisition of Hanjin's stake in U.S. ports operator

MSC confirms acquisition of Hanjin’s stake in U.S. ports operator

A unit of Swiss shipping group MSC has bought a stake in U.S. ports operator Total Terminals International (TTI) from Hanjin, MSC said on Wednesday, having overcome...

hyundai merchant marine

HMM to hire over 200 Hanjin employees

South Korean shipping giant Hyundai Merchant Marine (HMM) has decided to employ a total of 220 employees from its bankrupt compatriot Hanjin Shipping starting from next...

hanjin shipping

Hanjin shares surge on reported closure of asset sale

Hanjin Shipping Co. shares surged by their daily limit of 30 percent in Seoul after a local media report that the sale of the collapsed container mover’s U.S.-Asia...

hanjin

Hanjin’s Panamax quartet sold for USD22.4m 

Four of Hanjin Shipping’s 4,275 TEU containerships were sold to South Korean company Korea Marine Transport Co (KMTC) for a price of USD 22.4 million, according to...

Hanjin Shipping

Bank sells off four Hanjin ships 

South Korea’s Woori Bank has sold four tankers owned by bankrupt Hanjin Shipping for USD58.6 million, aiming at recovering KRW36.8 billion (around USD30 million)...

Hanjin shipping

HMM selected as preferred bidder for Hanjin’s Spain terminal

South Korean shipping giant Hyundai Merchant Marine (HMM) has been selected as the preferred bidder for a terminal in Algeciras, Spain, owned by its bankrupt compatriot...

Korea Line picked as preferred bidder in Hanjin assets sale  

Korea Line Corp., South Korea’s second-largest bulk carrier, won a bid for some assets of Hanjin Shipping Co. in a bankruptcy sale supervised by a South Korean...

Hanjin shipping

PSA Singapore sets deadline for claiming laden Hanjin boxes  

Singapore’s container terminal operator PSA has set November 28 as the deadline for claiming laden containers from South Korea’s bankrupt shipping firm...