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Hanjin Shipping Co., Ltd. was a South Korean logistics and container transport company. Hanjin Shipping was South Korea's largest container line and one of the world's top ten container carriers in terms of capacity. Hanjin was declared bankrupt by South Korean courts on 17 February 2017.
Hanjin Shipping has been officially declared bankrupt, closing the book on the world’s seventh largest container shipping line.
Feb 17, 2017 · Hanjin Shipping used to be one of the world's top 10 shipping companies. But now, the final curtain has fallen. This Friday, the firm was declared bankrupt by a South Korean court after months...
The filing for court receivership by Hanjin Shipping on 31 August was the biggest bankruptcy ever seen in container shipping and has sent shockwaves through industry and the global supply chain...
Feb 16, 2017 · Hanjin Shipping will be declared bankrupt today, after suffering from snowballing debt amid a slowdown in the global shipping market.
Sep 14, 2016 · Hanjin Shipping, one of the world's top ten container carriers, collapsed in 2016 due to increased competition and high debt. Its ships, cargo and crews were stranded in various ports, while creditors and customers waited for the outcome of its rehabilitation plan.
Learn how Hanjin Shipping, the world's seventh-largest container shipping line, filed for bankruptcy in 2016 and disrupted global supply chains. Explore the causes, effects and implications of this event for the shipping industry and its stakeholders.
