South Korea’s bankrupt Hanjin Shipping has vessel sold by Singapore court

One of the few remaining vessels of bankrupt South Korean container line Hanjin Shipping has been sold by a Singapore court.e price of the vessel. The 1998-built, 5,302 teu vessel

Bankrupt Hanjin Shipping to be delisted

Hanjin Shipping, once South Korea’s largest shipper, is set to be delisted from the local bourse on March 7, while newly established SM Line Corp. will begin its first service on Mar. 8.

Hanjin Shipping Declared Bankrupt As Port of Long Beach Recovers

As Hanjin Shipping Co. finally sank Friday, the Port of Long Beach looked to a future without its most important cargo carrier and former lease-holder of its largest terminal.

Bankrupt shipyard Weihai Samjin to start restructuring

Bankrupt Weihai Samjin Shipbuilding has gained approval from a local Chinese court to start a restructuring to revive the company, after it found an investor. ...

China’s government-backed Wuzhou Shipyard declared bankrupt

A Chinese government-backed shipbuilder Zhoushan Wuzhou Shipyard has been declared bankrupt by a local court in Zhejiang province, reports said. ...

Bankrupt Mingde Heavy Industry to sell assets on Taobao

Bankrupt Nantong Mingde Heavy Industry has resorted to selling its assets on Taobao, China’s largest online retail platform, after the yard failed to find investors, according to Nantong’s Tongzhou District People’s Court. ...

Judger Group Declared Bankrupt By Court

Wenzhou Intermediate People’s Court has announced the bankruptcy of Judger Group with six of its subsidiaries including Judger Shipbuilding.