Hanjin is done as a container carrier, and the company's own proposal for a rescue plan, to be submitted in December, will be impossible to realize. This is the most likely outcome of the receivership and overwhelming collapse of South Korea's largest carrier, according to analyst agency Alphaliner.
Alphaliner does not see Hanjin having a future as a small niche carrier on intra-Asian services either. Hanjin stopped offering these services back in September.
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
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
United Heavy Lift sees full ships on booming oil, gas and wind
A shortage of modern MPP ships and an unexpected comeback for oil and gas means Hamburg-based United Heavy Lift is busy, Partner Andreas Rolner tells ShippingWatch. ”A year ago, we thought oil and gas was dead.”
UK’s biggest container port to be hit by eight days of strikes
Almost 2,000 dock workers at Britain’s biggest container ship port plan to strike for eight days this month after failing to reach a pay deal, threatening to sever one of the UK’s most important trade routes.
Oil stays low – price decline unlikely to hold
Oil prices increase slightly Monday but remain near the lowest level since the Ukraine war broke out.
DHL reports “record operating profit” for the second quarter
DHL saw double-digit growth in revenue and a record operating profit in Q2. The freight division has delivered an “outstanding quarterly result,” says the logistics group Friday.
Seaspan owner receives takeover proposal from group that includes ONE
The parent company of Seaspan, the world’s largest lessor of container vessels, has received a ”take private” bid from a group of existing shareholders and Japanese liner major ONE.
Adm. Director of Svendborg District Heating 
Operations Manager for B-Gas A/S in Copenhagen 
Senior Associate – Group Strategy Office 
Assistant Fleet Superintendent 
A lawyer (chief consultant) is wanted for People & Culture 
Operations Controller – Weco Tankers 
Head of Airfreight 
Legal secretary for Shipping / Offshore / Transportation 
Logistics coordinator with responsibility for our shipping activities