{"id":4570,"date":"2016-09-29T12:45:07","date_gmt":"2016-09-29T17:45:07","guid":{"rendered":"http:\/\/supfrt.com\/news\/?p=4570"},"modified":"2016-09-29T12:45:07","modified_gmt":"2016-09-29T17:45:07","slug":"hanjin-update","status":"publish","type":"post","link":"http:\/\/supfrt.com\/news\/2016\/09\/29\/hanjin-update\/","title":{"rendered":"Hanjin &#8211; Update"},"content":{"rendered":"<figure id=\"attachment_4572\" aria-describedby=\"caption-attachment-4572\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"http:\/\/supfrt.com\/news\/wp-content\/uploads\/2016\/09\/Hanjin-Shipping.jpg\" rel=\"attachment wp-att-4572\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-4572\" src=\"http:\/\/supfrt.com\/news\/wp-content\/uploads\/2016\/09\/Hanjin-Shipping-300x211.jpg\" alt=\"Image Courtesy: Hanjin Shipping\" width=\"300\" height=\"211\" srcset=\"http:\/\/supfrt.com\/news\/wp-content\/uploads\/2016\/09\/Hanjin-Shipping-300x211.jpg 300w, http:\/\/supfrt.com\/news\/wp-content\/uploads\/2016\/09\/Hanjin-Shipping-768x541.jpg 768w, http:\/\/supfrt.com\/news\/wp-content\/uploads\/2016\/09\/Hanjin-Shipping.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-4572\" class=\"wp-caption-text\">Image Courtesy: Hanjin Shipping<\/figcaption><\/figure>\n<p>Hanjin &#8211; Update<\/p>\n<p>From <strong>World Maritime News<\/strong>:<\/p>\n<p>Hanjin Shipping Has Enough Cash to Cover Offloading Costs<\/p>\n<blockquote><p><strong>Cash held by Hanjin Shipping, coupled with commitments from the company\u2019s leading shareholder, the leading creditor, and the parent group\u2019s CEO, should be enough to cover the costs of unloading cargo from the company\u2019s container ships stranded offshore,\u00a0Reuters reported a South Korean government official as saying.<\/strong><\/p>\n<p>The vessels have been stranded ever since the South Korean biggest container carrier filed\u00a0for bankruptcy protection in late August.&#8221;<\/p><\/blockquote>\n<p>and<\/p>\n<blockquote><p>Out of the 97 container ships stranded, 35 have unloaded their cargo as of September 22. The majority of the remaining 62 ships is expected to complete the unloading by the end of October.&#8221;<\/p><\/blockquote>\n<p>Read more:\u00a0<a href=\"http:\/\/worldmaritimenews.com\/archives\/202490\/report-hanjin-shipping-has-enough-cash-to-cover-offloading-costs\/\">World Maritime News<\/a><\/p>\n<p>From <strong>Reuters<\/strong>:<\/p>\n<blockquote><p>The South Korean court overseeing Hanjin Shipping&#8217;s receivership process said on Wednesday that a sale of the world&#8217;s seventh-largest container carrier, which collapsed late last month, is one of many options it is considering if the court concludes the company is to be rehabilitated.&#8221;<\/p><\/blockquote>\n<p>See\u00a0<a href=\"http:\/\/www.reuters.com\/article\/us-hanjin-shipping-debt-idUSKCN11Y0AY\">Reuters<\/a>\u00a0to read more.<\/p>\n<p>From <strong>American Shipper<\/strong>:<\/p>\n<blockquote><p>Hanjin arranges for container return, while FMC examines fees charged by MTOs.<\/p>\n<p>The Federal Maritime Commission (FMC) said it has received numerous inquiries related to fees being charged by marine terminal operators (MTOs) to beneficial cargo owners (BCOs) to secure the release of shipments booked with Hanjin Shipping.<br \/>\nThe FMC said it &#8220;understands the concerns the shipping public has regarding the appropriateness and amounts of these fees. Any allegations of unreasonable practices or violations of the Shipping Act by MTOs will be examined carefully by the Commission.&#8221;<\/p><\/blockquote>\n<p>To see the entire article: <a href=\"http:\/\/www.americanshipper.com\/main\/news\/hanjin-arranges-for-container-return-while-fmc-exa-65474.aspx?source=SpecialCoverageOne\">American Shipper<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hanjin &#8211; Update From World Maritime News: Hanjin Shipping Has Enough Cash to Cover Offloading Costs Cash held by Hanjin Shipping, coupled with commitments from the company\u2019s leading shareholder, the leading creditor, and the parent group\u2019s CEO, should be enough to cover the costs of unloading cargo from the company\u2019s container ships stranded offshore,\u00a0Reuters reported [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":4572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_s2mail":"yes","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[27,7,17],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hanjin - Update - Superior Freight Services Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/supfrt.com\/news\/2016\/09\/29\/hanjin-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hanjin - Update - Superior Freight Services Inc.\" \/>\n<meta property=\"og:description\" content=\"Hanjin &#8211; Update From World Maritime News: Hanjin Shipping Has Enough Cash to Cover Offloading Costs Cash held by Hanjin Shipping, coupled with commitments from the company\u2019s leading shareholder, the leading creditor, and the parent group\u2019s CEO, should be enough to cover the costs of unloading cargo from the company\u2019s container ships stranded offshore,\u00a0Reuters reported [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/supfrt.com\/news\/2016\/09\/29\/hanjin-update\/\" \/>\n<meta property=\"og:site_name\" content=\"Superior Freight Services Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pages\/Superior-Freight-Services-Inc\/123680337676686\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-29T17:45:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/supfrt.com\/news\/wp-content\/uploads\/2016\/09\/Hanjin-Shipping.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"721\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Karen Edwards\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@supfrt\" \/>\n<meta name=\"twitter:site\" content=\"@supfrt\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Karen Edwards\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/supfrt.com\/news\/2016\/09\/29\/hanjin-update\/\",\"url\":\"https:\/\/supfrt.com\/news\/2016\/09\/29\/hanjin-update\/\",\"name\":\"Hanjin - Update - Superior Freight Services Inc.\",\"isPartOf\":{\"@id\":\"http:\/\/supfrt.com\/news\/#website\"},\"datePublished\":\"2016-09-29T17:45:07+00:00\",\"dateModified\":\"2016-09-29T17:45:07+00:00\",\"author\":{\"@id\":\"http:\/\/supfrt.com\/news\/#\/schema\/person\/87c1e871084e1ba227c1277e3246b645\"},\"breadcrumb\":{\"@id\":\"https:\/\/supfrt.com\/news\/2016\/09\/29\/hanjin-update\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/supfrt.com\/news\/2016\/09\/29\/hanjin-update\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/supfrt.com\/news\/2016\/09\/29\/hanjin-update\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/supfrt.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hanjin &#8211; Update\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/supfrt.com\/news\/#website\",\"url\":\"http:\/\/supfrt.com\/news\/\",\"name\":\"Superior Freight Services Inc.\",\"description\":\"Global Strategies... 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