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Hanjin Shipping to File for Court Receivership

South Korea’s biggest container shipping line Hanjin Shipping Co has decided to apply for court receivership after lenders halted all support, says a report in Bloomberg.


Maritime Today


The Maritime Industry's original and most viewed E-News Service

 
 

Contracts

Hanjin files for Receivership, Ports Turn Away Vessels

Hanjin says asks court for its assets to be frozen; Hyundai Merchant looking to buy Hanjin's "good" assets.

Electric Boat Wins $300 Mln Virginia-class Submarine Contract

US-based General Dynamics subsidiary Electric Boat won a contract for more than $300 million

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks

Workboats

Custom Dredge Keeps Santa Cruz Harbor Clear

The winter of 2016 was an unusually harsh one for the Santa Cruz Small Craft Harbor in Santa Cruz, Calif.

Another Tug Launched for Suderman & Young

Eastern Shipbuilding Group, Inc. said it launched on August 15, 2016 the final vessel in a

MN100: Cummins Marine, Inc.

The Company: Cummins, Inc. is a corporation of complementary business units that design, manufacture,

Maritime Security

North Korea Test Fires Submarine Missile

North Korea test fired a submarine-based ballistic missile (SLBM) from its east coast on Wednesday,

Indian Warships Visit Port Victoria

In a demonstration of India’s commitment to its ties with Seychelles and maritime security

White House: Iranian Ships' Actions in Gulf Increase Risk of Miscalculation

Actions by Iranian vessels in several encounters with U.S. warships in the Gulf this week

People & Company News

MN100: Pacific Power Group

The Company: Established in 1958, Pacific Power Group has been a trusted partner for the

3sun CEO Chairs Offshore Wind SIG

3sun Group, specialist provider of products and services to the global energy industry, is

Hanjin Shipping to File for Court Receivership

South Korea’s biggest container shipping line Hanjin Shipping Co has decided to apply for

Legal

Hyundai Merchant Marine to buy Hanjin's 'Good' Assets

South Korea's financial regulator said on Wednesday that Hyundai Merchant Marine Co Ltd will

Hanjin files for Receivership, Ports Turn Away Vessels

Hanjin says asks court for its assets to be frozen; Hyundai Merchant looking to buy Hanjin's "good" assets.

Hanjin Shipping to File for Court Receivership

South Korea’s biggest container shipping line Hanjin Shipping Co has decided to apply for

Marine Propulsion

MN100: Pacific Power Group

The Company: Established in 1958, Pacific Power Group has been a trusted partner for the

Wärtsilä to Launch Sea-Master at SMM

Set to launch at SMM 2016 in Hamburg September 6-9, 2016, the new Wärtsilä Sea-Master system

First Multi-stream DuPont Scrubbers Installed

DuPont, through its subsidiary Belco Technologies Corporation (BELCO), is installing the

 
 
 
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