News

NewsWatch

Maersk to Split Into Two Separate Divisions

September 22, 2016

Danish shipping and oil giant A.P. Moeller-Maersk A/S said Thursday it will split its operations into two separate divisions focused on transport and energy as it battles one of the worst ever shippin... View Full Post

Hanjin Shipping to Pay Handlers to Unload U.S.-Bound Ships

September 9, 2016

A lawyer for Hanjin Shipping Co. said Friday that a South Korean court has authorized the company to pay to unload some U.S.-bound ships carrying cargo that has been stranded at sea since the shipping... View Full Post

Hanjin Shipping’s troubles leave $14 billion in cargo stranded at sea

September 8, 2016

September 7, 2016 - The financial woes of one of the world’s biggest shipping lines have left as much as $14 billion worth of cargo stranded at sea, sending its owners scurrying to try to recover t... View Full Post

Terminal operators under fire from shippers over high fees for releasing Hanjin containers

September 8, 2016

September 8, 2016 - The fall-out from the bankruptcy of South Korean line Hanjin continues this week as more forwarder groups and shipper representatives turn on terminals refusing to release Hanjin c... View Full Post

It’s a waiting game for air freight as confusion reigns over stranded Hanjin cargo

September 8, 2016

September 8, 2016 - The air freight industry is poised to pick up any slack caused by the collapse of Hanjin Shipping – but shippers are holding on, hoping that the confusion will end soon. Howev... View Full Post