News / Hanjin owes us $11.6m in charter payments, says Seaspan – carrier's ‘business is at risk’

24/05/2016

With all attention on how long Hyundai Merchant Marine (HMM) can stave off bankruptcy, evidence of South Korean compatriot Hanjin Shipping’s equally severe cash crisis has emerged.

A prospectus from containership owner Seaspan Corporation yesterday reveals that Hanjin is significantly behind in its charter hire payments.

It says: “Hanjin charters ...

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Raja Saravanan
May 26, 2016 at 2:57 am
It is very useful article to get to know about current industry situation, please keep me update with all news related to Hanjin Shipping and HMM.
Thank you.

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The firm Info
June 02, 2016 at 6:32 am
Hanjin Shipping will receive the reflective benefit when it corrects its charter fee from vessel owners as HMM, Hyundai Merchant Marine performed the charter fee renegotiation successfully. Hanjin Shipping will make it perfectly as HMM. Foreign Institutions seem to correct the stock price of Hanjin Shipping by selling their stocks to the downward, while they are lifting the stock prices of HMM by buying them to the upward.

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www.FirmNews.net
June 06, 2016 at 2:49 pm
HANJIN SHIPPING finished the 1st renegotiation with their vessel owners. Most of their vessel owners including CINER, GCI(Greater China Intermodal), Peter Dohle,
CONTI, NSB, Seaspan have already known HMM’s charterage renegotiation.

All the vessel owners of hanjin Shipping seems to follow HMM’s ship owners behavior sooner or later.

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