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Cargo ships from bankrupt Hanjin to create expensive problem at Port of Oakland – KGO-TV

OAKLAND, Calif. (KGO) —

There will be two ships arriving at the Port of Oakland from Hanjin, which declared bankruptcy two weeks ago.

One of them, The Hanjin Greece, made its way under the Golden Gate Bridge just after 4 p.m. Wednesday with 450 containers for eager businesses that have been anxiously awaiting their arrival.

A second ship, with a much smaller load, will arrive on Friday.

While the port and companies that need cargo are relieved, some truckers say all the cargo creates an expensive new problem for them.

RELATED: Korean shipping company’s bankruptcy creates mess at Port of Oakland

For the first time since last month, a Hanjin cargo vessel is arriving at the Port of Oakland, almost two weeks to the day since the South Korean…

Read the full article at: http://abc7news.com/business/cargo-containers-from-bankrupt-hanjin-to-create-expensive-problem-at-port-of-oakland/1511824/

Category: BankruptcyBy Insolvency GuardianSeptember 15, 2016

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Cargo ships from bankrupt Hanjin to create expensive problem at Port of Oakland – KGO-TV

OAKLAND, Calif. (KGO) —

There will be two ships arriving at the Port of Oakland from Hanjin, which declared bankruptcy two weeks ago.

One of them, The Hanjin Greece, made its way under the Golden Gate Bridge just after 4 p.m. Wednesday with 450 containers for eager businesses that have been anxiously awaiting their arrival.

A second ship, with a much smaller load, will arrive on Friday.

While the port and companies that need cargo are relieved, some truckers say all the cargo creates an expensive new problem for them.

For the first time since last month, a Hanjin cargo vessel is arriving at the Port of Oakland, almost two weeks to the day since the South Korean shipping company declared bankruptcy.

“It’s really important for our custom…

Read the full article at: http://abc7news.com/business/cargo-ships-from-bankrupt-hanjin-to-create-expensive-problem-at-port-of-oakland/1511824/

Category: BankruptcyBy Insolvency GuardianSeptember 14, 2016

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PreviousPrevious post:Legal 500 2016: Insolvency and corporate recovery – Manchester Evening NewsNextNext post:Clive Palmer says Clive Mensink plans to launch action against QNI liquidators – Brisbane Times

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October 2, 2026
Liquidators called in for Lancashire pub which owed £71,000
October 2, 2026
Operator bankruptcies strand 6,600 apartment EV chargers in South Korea
October 2, 2026
Vivonio completes sale to Büromöbel – Big Furniture Group
October 2, 2026
REVEALED: Liquidator appointments for businesses in the Clarence Valley council area for October 1 – The Daily Telegraph
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Is AI adding another layer to business distress? GT Advisory points to an emerging risk for already stretched businesses – Medianet News Hub
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