Tramper Services News

When Hanjin Shipping, Korea's largest and one of the world’s top ten container carriers, filed filed for court receivership after losing the support of its banks, its assets left frozen as ports from China to Spain denied access to its vessels. The long-term fallout from Hanjin collapse will have far-reaching effects, but the impact is already being felt in ports around the world. Shipping is one of the sectors in which South Korea is a global leader, so what does this recent collapse tell us about world trade? The collapse of Hanjin Shipping sent ripples though global trade on Thursday, as the country's largest port turned away its ships and as some manufacturers scrambled for freight alternatives, says a report in the Reuters.

Hili Company, the logistics division of Hili Ventures, has entered into a joint venture agreement with leading international energy logistics company Peterson to provide oil and gas logistics services across the Mediterranean and North Africa. Peterson offers a comprehensive range of safe, reliable and value added logistics solutions to the global energy industry from locations including the Netherlands, North America and the northeast of Scotland. Established in 1920, the organisation has expanded throughout the UK with facilities at several prominent ports, including an integrated asset base in Aberdeen. The joint venture marries Peterson’s expertise in global oil and gas support with the wide-ranging capabilities of Hili Company…

Sohar Port and Freezone has added South Korea’s container line Hanjin Shipping to its list of global shipping lines offering direct links to this Omani deepsea port. Hanjin started its container service to Sohar from Far East, which is a significant addition in terms of direct connectivity for Sohar. The service called ‘Fareast Middle East Express (FMX)’ will be operated with seven vessels in the capacity range of 6,500 TEUS to 8,600 TEUS. The new route will help boost cargo carried in and out of Port Sohar. Hanjin Shipping is Korea’s largest and one of the world’s top ten container operators, which operates about 60 liners and tramper services, transporting over 100 million tonnes of cargo annually.