Hanjin charter cut negotiations hobbled by hire arrears

Insight into the world of shipping, with a large shipping company delinquent in payments on charters to its shipowners.  It’s risky to own ships today, with rates so low and volatile.

   In an e-mailed response to The Loadstar today, Hanjin Shipping would not be drawn on the renewed suggestions from a South Korean government official of a merger with Hyundai Merchant Marine (HMM), merely offering a “no comment”.

Source: Hanjin charter cut negotiations hobbled by hire arrears

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