Five Hanjin Bulkers Sold for USD 125 Mn

Five bulk carriers, owned by the former South Korean shipping giant Hanjin Shipping, have been sold to multiple shipowners for a total of around USD 125 million, according to data provided by VesselsValue.

Report: Hanjin’s Bondholders to Suffer Big Losses

Bondholders of the former South Korean shipping company Hanjin Shipping, which was officially declared bankrupt on February 17, could experience losses of up to KRW 1.2 trillion (USD 1.05 billion),Yonhap News Agency cited industry sources as saying.

Hanjin Shipping Officially Declared Bankrupt

The former South Korean shipping giant Hanjin Shipping was officially declared bankrupt by the Seoul Central District Court on Friday 17, less than six months after it first filed for court receivership.

HMM Eyes Stake in Two More Hanjin Terminals

South Korean shipping company Hyundai Merchant Marine has signed a deal with Hanjin Shipping and Marine Terminals Investment Limited (MTIL) to acquire Hanjin Pacific Corporation’s terminals in Tokyo and Kaohsiung.

KDB: Ten Hanjin Ships Up for Grabs

The state-run Korea Development Bank (KDB), the main creditor of the former South Korean shipping giant Hanjin Shipping, has launched sales proceedings for ten Hanjin ships, Yonhap News Agency cited industry sources.

Reports: Hanjin Shipping Liquidation Set for Feb 17

The rehabilitation process for the former South Korean shipping giant Hanjin Shipping is set to end on February 17, Yonhap News Agency cited the Seoul Central District Court.

Report: US Court Approves Sale of Hanjin’s Stake in TTI

The US Bankruptcy Court has approved the USD 78 million sale of Hanjin Shipping’s stake in terminal operator Total Terminals International (TTI) to Terminal Investment Limited (TIL), an affiliate of the Swiss Mediterranean Shipping Company (MSC), Reuters