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  • SHANGHAI/ SINGAPORE, Sept 14- Three ships chartered to Hanjin Shipping Co Ltd have been sold and two more vessels are up for sale, ship brokers said on Wednesday, kicking off an asset sale sparked by the failure of the world's seventh largest container shipper. Around $14 billion of cargo has been tied up globally as ports, tugboat operators and cargo handling firms...

  • SHANGHAI/ SINGAPORE, Sept 14- Three ships chartered to Hanjin Shipping Co Ltd have been sold and two more of vessels are up for sale, ship brokers said on Wednesday, kicking off a fire sale sparked by the failure of the world's seventh largest container shipper. Around $14 billion of cargo has been tied up globally as ports, tugboat operators and cargo handling firms...

  • Sept 13- The bankruptcy of Korea's Hanjin Shipping Co Ltd is causing ripple effects for importers bringing goods from Asian factories to U.S. malls by creating a shortage of trailers to move ocean-shipping containers on U.S. roads. Terminal operators in the California ports of Long Beach and Oakland are not taking back empty containers. "If it's not fixed in the...

  • LIMA, Sept 13- Peru President Pedro Pablo Kuczynski said a transcontinental railway proposed by China to slash the costs of shipping Brazilian goods to Asia could be too expensive and environmentally harmful to build. Peru and China agreed to study the feasibility of a 5,300- kilometer railroad to link Brazil's Atlantic coast with a port on Peru's Pacific...

  • SAN FRANCISCO/ SEOUL, Sept 12 (Reuters)- A portion of the $14 billion in cargo trapped at sea by the bankruptcy of Hanjin Shipping Co Ltd began moving out of one California port on Monday, and a second ship received orders to head to dock, after the turmoil created by the South Korean company's collapse. Truckers began moving freight from the Hanjin Greece, one of...

  • SAN FRANCISCO/ SEOUL, Sept 12- A portion of the $14 billion in cargo trapped at sea by the bankruptcy of Hajin Shipping Co Ltd began moving out of a California port on Monday as shareholders and executives of the South Korean firm pledged funds to help resolve the turmoil created by its collapse. The Hanjin Greece, one of roughly a dozen of the company's ships...

  • SAN FRANCISCO/ SEOUL, Sept 12- A Hanjin Shipping Co Ltd vessel is finishing unloading in California and scheduled to leave port on Monday, shipping industry officials said, as shareholders and executives associated with the South Korean firm pledged funds to help resolve the turmoil created by its collapse. Truck drivers probably will begin moving containers...

  • The funds flowing to listing Hanjin Shipping were likely to fall far short of what was needed to get its stalled cargo moving, an analyst said.

  • Sept 12- The collapse of South Korea's Hanjin Shipping, the world's seventh-largest container carrier, has disrupted global trade networks and driven up freight rates. *$14 billion- the estimated value of cargo tied up globally as Hanjin ships idle outside ports that won't let them in. *$1,700- the average cost to move goods in 40- ft containers from the U.S. West...

  • LOS ANGELES, Sept 10- Dock workers began unloading furniture, clothing and other cargo on Saturday from a container ship owned by bankrupt Hanjin Shipping Co Ltd, breaking a logjam that has stranded goods on a dozen vessels bound for the U.S. West Coast. The Hanjin Greece docked at the Port of Long Beach in California early Saturday morning and workers were hauling...

  • Sept 9- A U.S. judge on Friday signed an order granting Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday. One of the four, the Hanjin Greece, was scheduled...

  • Sept 9- A U.S. judge on Friday signed an order granting Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin had asked U.S. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday.

  • Sept 9- A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin asked U.S. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday.

  • Sept 9- A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. "We have the money to fully service those four ships," Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday. Around $14 billion of...

  • Sept 9- Hanjin Shipping Co Ltd has received authority to spend the money needed to dock at U.S. ports and begin unloading four vessels that have been stranded at sea by the company's failure last week, a company lawyer told a U.S. court on Friday. "We have the money to fully service those four ships," Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing...

  • JUDGE SAYS ORDER IS EXPECTED TO ALLOW HANJIN SHIPPING CO LTD VESSELS TO DOCK AT U.S.

  • Hanjin has funds to unload ships

    CNBC's Morgan Brennan reports the latest on the shipping crunch caused by Hanjin declaring bankruptcy.

  • Sept 9- Hanjin Shipping Co Ltd has received authority to spend the money needed to dock at U.S. ports and begin unloading four vessels that have been stranded at sea by the company's failure last week, a company lawyer told a U.S. court on Friday. "We have the money to fully service those four ships," Ilana Volkov, a Hanjin attorney, told a U.S. Bankruptcy Court hearing in...

  • Sept 9- Hanjin Shipping Co Ltd has received authority to spend the money needed to dock at U.S. ports and begin unloading four vessels that have been stranded at sea by the company's failure last week, a company lawyer told a U.S. court on Friday. "We have the money to fully service those four ships," Ilana Volkov, a Hanjin attorney, told a U.S. Bankruptcy Court hearing in...

  • Cargo chaos at sea

    CNBC's Morgan Brennan reports the latest on the supply chain disruptions caused by the Hanjin bankruptcy.