Maritime Cargo Topic
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Maritime Cargo Latest News
Hanjin Shipping's bankruptcy raises questions about legal separation of JV terminal operators that are often lease counterparts for US ports; event highlights potential risk that must be balanced against benefits of ports signing lease agreements: FitchOct. 26, 2016, Business Wire
South Korea's Seoul Central District Court approves Hanjin Shipping's request to wind down its European operations as demand for its services to the continent slumps; company to close all 10 branches in Europe, including regional headquarters in GermanyOct. 24, 2016, Bloomberg LP
Hanjin Shipping rejects request by Ashley Furniture in a US federal court to withhold freight payments it owes the carrier, says such a move might severely jeopardize carrier's ability to reorganize and collect on US$40M in accounts receivable it's owedOct. 21, 2016, JOC.com
- Government - Federal
- U.S. Dept. of Transportation (DOT)
- Hanjin Shipping Co. Ltd.
- Port of Long Beach
- A.P. Moeller-Maersk A/S (Maersk)
- Matson Inc.
- National Retail Federation (NRF)
- Port of Los Angeles
- China Cosco Holdings Co.
- Diana Shipping Inc.
- MSC Mediterranean Shipping Co. SA
- North American Free Trade Agreement (NAFTA)
- BNSF Railway Co.
- CMA CGM SA
- DB Schenker
- Deutsche Post AG
- Google Inc.
- International Longshore and Warehouse Union
- Port of Oakland