The acquisition of offshore wind turbine installation vessels has become a significant issue as the number of offshore wind power projects in Korea continues to grow.
There are various occasions in the shipping business where parties to carriage contracts must pay additional container charges for prolonged container use.
On September 1, 2016, the 6th Bankruptcy Division of the Seoul Central District Court issued an order to commence the rehabilitation proceedings of Hanjin Shipping Co., Ltd.
It has been just over two months since one of South Korea's largest shipowners and operators, Hanjin Shipping Co Ltd ("Hanjin"), applied for court rehabilitation.