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Hanjin’s largest shareholder delays container rescue spend Hanjin Shipping’s attempt to get stranded cargo to shipper customers was dealt a setback after the board of its largest shareholder Korean Air Lines could not come to a decision regarding spending for a rescue… Hanjin’s largest shareholder delays container rescue spend Journal of Commerce

Korean feeders to join HMM in new intra-Asia alliance South Korea’s No. 2 liner operator Hyundai Merchant Marine will form an intra-Asia alliance with local feeder operators Korea Marine Transport, Sinokor Merchant Marine and Heung-A Shipping.The quartet, termed Mini Alliance, will deploy a total of… Korean feeders to join HMM in new intra-Asia alliance Journal […]

Industry must prepare for the worst in South China Sea Containerized shippers and American companies that do business in or with China may be on the verge of the ultimate “black swan” event, an international crisis that threatens assets, shipping and supply chains, as well as the safety of employees. Reuters reports that China’s military, […]

US push underway to speed up release of stranded Hanjin cargo The largest terminal operator at the Port of of New York and New Jersey and electronics giant Samsung are asking a US bankruptcy court to allow shippers to cover terminal charges owed by Hanjin… US push underway to speed up release of stranded Hanjin […]

NJ container depot accepts Hanjin boxes — at a price One of the largest container depots at the Port of New York and New Jersey has begun accepting empty containers of bankrupt Hanjin Shipping, but only after an $85 fee is paid… NJ container depot accepts Hanjin boxes — at a price Journal of Commerce

Rotterdam’s ECT bows to shipper pressure, cuts Hanjin charges ECT, a leading Rotterdam terminal operator, has more than halved charges for releasing containers unloaded from ailing Hanjin… Rotterdam’s ECT bows to shipper pressure, cuts Hanjin charges Journal of Commerce

Target’s Dolan to head shipper-port-carrier coalition The vice president of international logistics at retailer Target, Joshua Dolan, will lead a coalition of shippers, ports, ocean carriers, and rail and trucking providers dedicated to finding market-based solutions to environmental problems and increasing supply chain efficiency. Dolan was elected chairman of the Coalition for Responsible Transportation, succeeding […]

South Korea to send 20 ships to rescue Hanjin boxes As the logistical chaos resulting from Hanjin Shipping’s descent into receivership widens, South Korea’s finance ministry has requested more of the country’s domestic shipping lines to deploy vessels to… South Korea to send 20 ships to rescue Hanjin boxes Journal of Commerce

Shippers seek legal advice over HIT's high Hanjin box release fees Hong Kong’s largest container terminal could soon be facing a legal challenge to its high charges for the release of Hanjin Shipping containers stuck… Shippers seek legal advice over HIT's high Hanjin box release fees Journal of Commerce

China’s Zika rules for US exports dramatically eased Chinese authorities have backed off a mandate that all containers arriving in China from the United States must comply with special rules designed to prevent the spread of Zika, and instead say… China’s Zika rules for US exports dramatically eased Journal of Commerce