WILMINGTON, Del (Reuters) - Failed South Korean container carrier Hanjin Shipping Co Ltd told a U.S. judge on Friday that cargo owners were withholding up to $80 million in payments for completed.. Reuters
SEOUL (Reuters) - South Korea said cash withheld by Hanjin Shipping Co Ltd and support from its parent group should roughly meet funding needed for unloading cargo from vessels operated by the Sify Also reported by •Reuters •Reuters India
Sept. 27 -- The world's biggest container line could be about to take advantage of recent troubles in South Korean shipping. Maersk is said to be looking at Hanjin Shipping and Hyundai Merchant Marine,.. Source: Bloomberg Global Business -
Hanjin Shipping–the seventh largest container line in the world–has filed for receivership at this time. Hanjin Ships typically contain billions of dollars of new products. However at this moment.. Source: Wochit Business -
Sept. 23 -- Hanjin Shipping has been thrown another lifeline. Korea Development Bank will provide a conditional credit line to be used only if loans from others provide insufficient to offload cargo.. Source: Bloomberg Global Business -
The largest shareholder of Hanjin Shipping has agreed to lend 60 billion won ($53.96 million) to help unload cargo that has been stranded since the world's seventh-largest container carrier collapsed.. Source: Rumble -
Hundreds of workers from the South Korean shipping company Hanjin are stuck on vessels around the world. The multi-billion-dollar company collapsed last month, so its ships loaded with cargo were.. Source: Al Jazeera STUDIO -
SEOUL (Reuters) - South Korea will announce new measures to bolster the shipping industry in October, finance minister Yoo Il-ho said on Friday, urging the swift unloading of cargo trapped on Hanjin.. Reuters
Just this month, one of the largest shipping lines in the world, Hanjin Shipping Co., hit a major roadblock. After filing for bankruptcy, the company stopped loading new cargo on ships and was turned.. Huffington Post
Korea Development Bank, the main lender to Hanjin Shipping Co., offered a conditional credit line of 50 billion won (US$45 million) to help ease supply-chain disruptions caused by the collapse of the.. S.China Morning Post
The troubled shipping firm Hanjin has been thrown a multi-million pound lifeline to rescue the stranded cargo which is trapped on its ships across the world.
It comes after the firm's bankruptcy.. City A.M.
Here is what you need to know.
*The Federal Reserve kept policy on hold.* The Fed held its key interest rate unchanged at a range of 0.25% to 0.50%, saying, "The Committee judges that the case.. Business Insider
Optimism has returned to markets post the BOJ and FOMC.
Following the Fed's "hawkish hold" and the BOJ's "confused contradiction", global risk (and non-risk) assets got the green light, and as a.. Zero Hedge
SEOUL, South Korea (AP) " Hanjin Shipping is to receive as much as $100 million in additional funds to resolve the cargo crisis caused by its slide toward bankruptcy.Hanjin's lead creditor, Korea.. New Zealand Herald Also reported by •Seattle Times •FOXNews.com
SEOUL (Reuters) - Korea Development Bank (KDB), the lead creditor of Hanjin Shipping Co Ltd said on Thursday it will offer a 50 billion won ($45 million) credit line to help Hanjin unload stranded.. Reuters India