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Hedge funds hunt for shipping debt in new market push

(Corrects Feb. 20 story to remove incorrect reference to sale of loans by Varde and Oakhill) By Jonathan Saul and Maiya Keidan LONDON (Reuters) – A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking... More »

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Shipping’s financiers turning the tide on shipbreaking practices

LONDON (Reuters) – The shipping industry has long been criticized by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting the sea and sand. Now, it is being called to account from a quarter that may have a bit more clo... More »

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Hedge funds hook shipping stocks grappling for recovery

LONDON (Reuters) – Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry. Hedge funds made initial forays into shipping stocks in the third quarte... More »

Hanjin ship unloads in U.S. as fresh funds pledged

A Hanjin Shipping Co ship is seen stranded outside the Port of Long Beach, California, September 8, 2016. REUTERS/Lucy Nicholson A Hanjin Shipping Co Ltd (117930.KS) vessel is finishing unloading in California and scheduled to leave port on Monday, shipping in... More »

Factbox: Hanjin Shipping collapse – by numbers

Container vessel Hanjin Rome sits in the eastern anchorage area in Singapore September 9, 2016. REUTERS/Edgar Su The collapse of South Korea’s Hanjin Shipping (117930.KS), the world’s seventh-largest container carrier, has disrupted global trade networks and d... More »

Hanjin Shipping filed for U.S. bankruptcy protection: WSJ

A crane carries a container from a ship of Hanjin Shipping at Hanjin container terminal at the Busan New Port in Busan, about 420 km (261 miles) southeast of Seoul in this August 8, 2013 file photo. REUTERS/Lee Jae-Won/File Photo Troubled container shipper Han... More »

Hanjin Shipping shares dive 30 percent in resumed trade

The logo of Hanjin Shipping Co is seen on a replica of shipping containers at its headquarters in Seoul, South Korea, August 31, 2016. REUTERS/Kim Hong-Ji Shares in Hanjin Shipping (117930.KS) slumped by the daily limit of 30 percent in resumed trade on Monday... More »