Transport Topics

Hanjin Cargo Owners Say Bid to Unload Vessels Isn’t Working

Bankrupt Hanjin Shipping Co.’s efforts to unload vessels in the United States while it goes through bankruptcy in South Korea are meeting with complaints from cargo owners and from the companies that ...
CBS News

Record Number Of Cargo Ships Waiting To Unload At Port Of Oakland May Delay Goods For Months

OAKLAND (KPIX) -- It's something the Port of Oakland has never seen before. A record number of cargo ships are anchored in San Francisco Bay, waiting to unload their containers. Every one of those ...
Transport Topics

Hanjin Gets $45 Million Credit Line to Unload Cargo From Stranded Vessels

Korea Development Bank, the main lender to Hanjin Shipping Co., offered a conditional credit line of 50 billion won ($45 million) to help ease supply chain disruptions caused by the collapse of the ...
Yahoo

KDB to extend $45 million credit line to help unload Hanjin cargo

SEOUL (Reuters) - Korea Development Bank (KDB), the lead creditor of Hanjin Shipping Co Ltd said on Thursday it will offer a 50 billion won (34.51 million pounds) credit line to help Hanjin unload ...

DP World Expands Dominican Republic-Europe Air Cargo Service

New service via Punta Cana will move up to 120 tons a month, strengthening Americas-Europe trade connectivity Cargo ...