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Seoul court declares Hanjin bankrupt

The Seoul court declared Hanjin bankrupt after a two-week period during which it was possible to file an appeal. The company's liquidation process has been launched, Splash 24/7 reports.

Creditors must submit claims by May 1 in order to start the assessment on June 1. The court promised to do everything possible to repay the creditors.

According to Vesselvalue, to date, Hanjin has 42 vessels left – 29 container ships, 12 bulk carriers and one low-tonnage cargo ship, the total cost of the fleet is estimated at $ 986 million. For comparison, in 2014, the Korean line had a fleet of 104 vessels with a total estimated value of $ 3.77 billion.

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Container transportation on the Russian Railways network January 2018

In January 2018, 317.5 thousand TEU containers were transported via the Russian Railways network

From Vladivostok to Moscow in 7 days

FESCO starts sending accelerated container trains between Vladivostok and Moscow as part of the Transsib project in 7 days

Settlement agreement of five container operators with FAS

The Ninth Arbitration Court of Appeal approved a settlement agreement between five container operators and the FAS of Russia

Seoul court declares Hanjin bankrupt

The Seoul court declared Hanjin bankrupt after a two-week period during which it was possible to file an appeal.

1000th tank container

The result of the well-coordinated and professional work of the Trio Logistics team was the 1000th tank delivered.

Office in Nakhodka

We are glad to inform you that our own office has been operating in Nakhodka since October 2018!

HMM buys terminals in Tokyo and Kaohsiung

Hyundai Merchant Marine intends to buy container terminals in the port of Tokyo and Kaohsiung

Implementation of the My.Trio program

After painstaking and long-term work, the My.Trio transportation accounting program has been successfully implemented

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