July 31 - South Korean shipping line, Pan Ocean, completed its court ordered rehabilitation plan on July 30, 2015.

The shipping line, which was purchased by Harim Group in a KRW1.08 trillion won (USD970 million) deal during June, has undergone major restructuring since entering into receivership in June 2013. Pan Ocean, formerly STX Pan Ocean, has now satisfied the Seoul Central District Court that it can repay its creditors.