ShipSpotting.com Forum

Shipspotters all over the world => Shipping News and information => Topic started by: MO Roy on August 30, 2016, 11:36:24 PM

Title: What next for Hanjin?
Post by: MO Roy on August 30, 2016, 11:36:24 PM

A lot (most) shipping info sites reported today that KDB (Korean Development Bank) stopped the financial support for Hanjin (the container shipping part).

This means a very tough time for Hanjin and potential court receivership i.e. bankruptcy.

Cheers,
Roy

Title: Re: The end of Hanjin?
Post by: Alan Green on August 31, 2016, 09:11:08 AM

http://splash247.com/borrowed-time-comes-end-hanjin-shipping-files-court-receivership/

Title: Re: The end of Hanjin?
Post by: Nghiep on September 01, 2016, 06:52:01 AM

Hi, in Viet Nam, these days very hard for shipper also, they have to unstuff cgo and transfer to other liner because terminal not allow to load cgo on HJ vsl and some HJ vsl feeder has cancel berthing window
so sad when hearing this

Title: What next for Hanjin?
Post by: csaba on September 02, 2016, 03:03:33 AM

Just read on BBC that they are filing for receivership http://www.bbc.com/news/business-37241727
Any thoughts? Is it at least partially a result of building so many huge container ships?

Title: Re: What next for Hanjin?
Post by: Elbe-Dino on September 02, 2016, 03:39:43 PM

Just read: On 08-31 Hanjin made an application to open insolvency proceedings...  :(

Title: Re: What next for Hanjin?
Post by: davidships on September 12, 2016, 09:07:00 AM

Korea Development Bank stated Hanjin's debt stood at $5.5 billion at the end of June (Financial Times 31/8/2016)
Meanwhile Hanjin own 63 vessels (trading ships and newbuilding contracts), estimated worth today $1.7 billion dollars (from vesselsvalue.com)

There's a useful tool to track where the Hanjin ships are at
https://www.marinetraffic.com/blog/hanjin-ships-stuck-in-limbo/

Title: Re: What next for Hanjin?
Post by: Alan Green on September 12, 2016, 02:43:49 PM

http://theloadstar.co.uk/shippers-get-news-hanjin-finally-reveals-ships/?utm_source=The+Loadstar+daily+email&utm_campaign=0e00ab7097-Loadstar_12_September9_12_2016&utm_medium=email&utm_term=0_c4570e43d4-0e00ab7097-153282729

Title: Re: What next for Hanjin?
Post by: Alan Green on September 27, 2016, 10:39:07 AM

http://splash247.com/maersk-linked-taking-hanjin-hmm/

Title: Re: What next for Hanjin?
Post by: MSC Johnny 2 on September 27, 2016, 11:54:16 AM

https://felixstowedocker.blogspot.co.uk/2016/09/hanjin-boxes-continue-to-stack-up-at.html

Title: Re: What next for Hanjin?
Post by: Alan Green on October 05, 2016, 09:18:49 AM

http://splash247.com/hanjin-shipping-vessel-involved-collision-off-singapore/