{"id":793,"date":"2020-11-13T11:39:15","date_gmt":"2020-11-13T11:39:15","guid":{"rendered":"http:\/\/el.commonsupport.com\/newwp\/transida\/?p=793"},"modified":"2023-02-17T05:25:24","modified_gmt":"2023-02-17T05:25:24","slug":"transida-trends-in-freight-transportation-and-the-covid-19-impact-4","status":"publish","type":"post","link":"https:\/\/discreetshippinglogistics.com\/index.php\/2020\/11\/13\/transida-trends-in-freight-transportation-and-the-covid-19-impact-4\/","title":{"rendered":"Hanjin Gets Winning Bid From Shipper That Once Almost Failed"},"content":{"rendered":"<div class=\"text\">\n<p>A South Korean shipping company that filed for bankruptcy protection five years ago emerged as the surprise winning bidder for some assets of the collapsed Hanjin Shipping Co., pipping a bigger rival that is undergoing a creditor-led debt revamp.<\/p>\n<p>Korea Line Corp., the nation\u2019s second-largest bulk carrier, beat Hyundai Merchant Marine Co. to be the preferred bidder for Hanjin\u2019s Asia-U.S. business, a spokesman for the Seoul Central District Court said in a text message Monday. Final sale documents will be signed Nov. 21, according to the court. Shares of Korea Line slumped the most in three years.<\/p>\n<p>A successful acquisition of the assets will mark Korea Line\u2019s entry into the container-shipping business, helping it challenge the dominance of Hyundai Merchant on the busy Asia-U.S. route.<\/p>\n<\/div>\n<div class=\"image mb-5\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-680\" src=\"https:\/\/discreetshippinglogistics.com\/wp-content\/uploads\/2020\/11\/news-30-1.jpg\" alt=\"\" width=\"770\" height=\"460\" srcset=\"https:\/\/discreetshippinglogistics.com\/wp-content\/uploads\/2020\/11\/news-30-1.jpg 770w, https:\/\/discreetshippinglogistics.com\/wp-content\/uploads\/2020\/11\/news-30-1-300x179.jpg 300w, https:\/\/discreetshippinglogistics.com\/wp-content\/uploads\/2020\/11\/news-30-1-768x459.jpg 768w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/div>\n<div class=\"link-box mb-5\"><a class=\"theme-btn btn-style-one\" href=\"#\"><i class=\"fas fa-download\"><\/i>Download <\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A South Korean shipping company that filed for bankruptcy protection five years ago emerged as the surprise winning bidder for some assets of the collapsed Hanjin Shipping Co., pipping a bigger rival that is undergoing a creditor-led debt revamp. Korea Line Corp., the nation\u2019s second-largest bulk carrier, beat Hyundai Merchant Marine Co. to be the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[6,7],"class_list":["post-793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-blog","tag-cargo","tag-contact"],"_links":{"self":[{"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/posts\/793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/comments?post=793"}],"version-history":[{"count":2,"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/posts\/793\/revisions"}],"predecessor-version":[{"id":1101,"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/posts\/793\/revisions\/1101"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/media\/663"}],"wp:attachment":[{"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/media?parent=793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/categories?post=793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/discreetshippinglogistics.com\/index.php\/wp-json\/wp\/v2\/tags?post=793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}