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Marsha Salisbury Research Editor, The Journal of Commerce Marsha.Salisbury@ihsmarkit.com. September 15, 2016. INDUSTRY GAME-CHANGER:. THE HANJIN SHIPPING COLLAPSE. THE LONG ISLAND IMPORT EXPORT ASSOCIATION. THE HANJIN SHIPPING COLLAPSE: CONTAINER TRADE.
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Marsha Salisbury Research Editor, The Journal of Commerce Marsha.Salisbury@ihsmarkit.com September 15, 2016 INDUSTRY GAME-CHANGER: THE HANJIN SHIPPING COLLAPSE THE LONG ISLAND IMPORT EXPORT ASSOCIATION
THE HANJIN SHIPPING COLLAPSE: CONTAINER TRADE • AISLive ship tracking maps of Hanjin Shipping operating ships • Hanjin Shipping — by the numbers • Ocean container carriers & financial collapse — a history • South Korea government fund for ailing shipping firms • Timeline: Hyundai Merchant Marine, reorganization • Timeline: Hanjin Shipping, reorganization • U.S. Federal Maritime Commission • Chapter 15 of the U.S. Federal Bankruptcy Code
THE HANJIN SHIPPING COLLAPSE: CONTAINER TRADE • Container Carrier Mergers & Acquisitions, 2014-present • Top 10 Container Carriers in U.S. Trade, PIERS • Top 10 Global Container Fleet Operators, Alphaliner • Top 10 Global Container Fleet Orderbooks, Alphaliner • Shanghai Container Freight Index (SCFI) 2010-present, Shanghai Shipping Exchange • Hanjin Shipping sources for cargo and vessel information • Speaker contact and discount subscription information
Source: AISLive is a sister product of The Journal of Commerce within IHS Markit, https://www.ihs.com/products/ais-live-ship-tracker.html
Source: AISLive is a sister product of The Journal of Commerce within IHS Markit, https://www.ihs.com/products/ais-live-ship-tracker.html
Source: AISLive is a sister product of The Journal of Commerce within IHS Markit, https://www.ihs.com/products/ais-live-ship-tracker.html
South Korea Government Fund For Ailing Shipping Firms New South Korea government US$1.2 billion fund for struggling South Korean shipping and shipbuilding firms is open only to those with debt:equity ratio below 400%. Created to bolster South Korean competitiveness requiring 'pain-sharing' by all interested parties. Both Hyundai and Hanjin were ineligible due to severely higher debt:equity ratios and both had debt payment issues including corporate bonds maturing in 2016 and 2017. In January the Korean Shipowners' Association requests immediate financial aid for both Hyundai Merchant Marine and Hanjin Shipping to overcome liquidity crises. In August the Korean Shipowners' Association presses for a Hanjin-Hyundai merger. In August, the second largest Korean container carrier, Hyundai proceeds into debt normalization plan with its creditors - while the largest Korean container carrier, Hanjin files for court receivership in South Korea.