ShippingWatch

Here is the timeline for Hanjin Shipping's collapse

When container carrier Hanjin Shipping entered court receivership on August 31st of this year, the development instantly sent shock waves throughout the global container sector. Here is the timeline for the container industry's biggest collapse ever.

Photo: Hanjin

Hanjin Shipping, South Korea's largest and the world's seventh-largest container carrier, went into court receivership on August 31st 2016.

The container carrier has piled up an enormous debt in the current all-time low container market, and since May of this year Hanjin has been in negotiations with creditors, shareholders and shipowners in order to find a solution to the massive debt problems.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs