HANJIN SHIPPING LINE

The Korean shipping company HANJIN is facing financial difficulties with the recent bank support lost and filed for court receivership on Wednesday 8/31.

We have decided to stop working with HANJIN and will not book any container with them and avoid any HANJIN vessel shared with other carriers we may use wherever the trade lanes.

Regarding the containers which are currently sailing on HANJIN vessels or on other shipping lines HANJIN co-load with, we are monitoring their route closely as there is a risk to be blocked by creditors such as the port terminals with possible extra-costs. We shall also keep you informed and do our best to perform the deliveries.

Our transportation insurance doesn’t cover ocean carriers’ bankruptcy. Please check with yours.

We are sincerely sorry about this unexpected situation beyond our control.

Read more :

• http://www.joc.com/maritime-news/container-lines/hanjin-shipping
• http://worldmaritimenews.com/archives/tag/hanjin-shipping/
• http://www.bloomberg.com/news/articles/2016-08-31/hanjin-shipping-files-for-court-protection-after-revamp-rejected-isinaafe
• http://www.cnbc.com/2016/08/31/hanjin-shipping-vessel-unable-to-dock-at-south-korea-port-yonhap.html