Gemini-News

Hanjin Shipping update 9-23-16

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Members,

Today Hanjin shipping goes back to court in Newark NJ at 11 am est. We expect their lawyers to clarify their ongoing efforts to unload the remainder of their cargo and to update the judge on their financial position.  Ahead of the proceeding Hanjin filed a detailed document updating the court on the status of operation and their financials.  A copy of the document can be found here.  it contains a wealth of updates on Hanjin’s funding, payments made to terminals, payments and bill of landing rating issues and a fleet update.  We expect this will be reviewed in detail in today and Gemini Shippers Group will be on hand to learn more and update our members as things unfold.

Hanjin 9 22

Hanjin Payment Advisory

By | Gemini News, Industry News | No Comments
2195 W. Chandler Blvd, Suite 100, Chandler, AZ 85224
(Tel) 480-927-3600, (Fax) 480-927-3884
PHOENIX SERVICE CENTER

 Dear Valued Customer,

We wish to remind you that due to the court receivership in Korea, Hanjin is forced to terminate credit terms.  The release of cargo will be based on the following conditions.

Payment Method

  • Wire (Same day Fund Transfer)
  • ACH (Following business day transfer)
    Wire / ACH uses same account number but different routing number
    (Please reference attached for details)
  • Cashier’s Check/Money Order (payable to ‘Hanjin Shipping’, overnight courier)
  • Company Check (Upon check clearance cargo will be released, average 7 days from deposit of the company check)
  • No personal Check or any other form will be accepted

Sincerely yours,

Hanjin Shipping Co., Ltd

 

Payment Information – East Coast

Beneficiary Name:  Hanjin Shipping Co. LTD.

Account Number: 1233904851

Routing (ABA) Number for ACH: 121000358

Routing (ABA) Number for Wire: 026009593

Swift Code for International Wire: BOFAUS3N

Bank Name: Bank of America

Bank Address: 2000 Clayton Road, Concord, CA 94520 or
100 West 33rd Street, New York, NY 10001

Check Payment: 2195 W Chandler Blvd Suite #100, Chandler, AZ 85224
(The direct deposit checks into our bank account won’t be accepted.)

Remittance: ecibar@us.hanjin.com for import shipments
ecobar@us.hanjin.com for export shipments

(Please make sure that the Bill of Lading Number or Invoice Number issued by Hanjin  is referenced on the payment advice!  The serious delay is expected when payments are received without a remittance.)