Latest news from Heavy Lift & Project Forwarding International Magazine

Korea Line gains Hanjin operation

November 25 - South Korean bulk carrier Korea Line - which is owned by the Samra Midas (SM) Group - has acquires the Asia-USA operation of bankrupt Hanjin Shipping.

According to reports, Hanjin Shipping signed a contract to sell its Pacific operation for KRW37 billion (USD31.45 million) to Korea Line.

The Seoul bankruptcy court, which is handling the reorganisation of Hanjin Shipping, has endorsed the deal.

It is understood that Korea Line will take on Hanjin Shipping's ground staff in South Korea and its overseas staff.

 


www.korealines.co.kr

 

www.hanjin.com

Heavy Lift | News

Cory moves to Ipswich office thumbnail image

Cory moves to Ipswich office

October 18 - UK-headquartered Cory Brothers has relocated its office in Felixstowe to Ipswich town centre.
Views: 260
ALE executes pit move thumbnail image

ALE executes pit move

October 18 - ALE has lifted and transported a sulphur storage facility for the Lindsey Oil Refinery in the UK.
Views: 190
Bichowski joins AMT thumbnail image

Bichowski joins AMT

October 18 - Switzerland-headquartered logistics and supply chain specialist AMT has appointed Frank Bichowski as its chief commercial and operations officer.
Views: 261

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.