Why A Hanjin Fleet Came To Hong Kong

Law360, New York (September 15, 2017, 1:45 PM EDT) -- The demise of Korea’s Hanjin Shipping Co. Ltd. was the largest bankruptcy of a container line in history, and earlier this year it resulted in the biggest ever court sale of ships in Hong Kong, with a total sale price exceeding $600 million. In this article we consider Hong Kong’s role as a center for maritime legal services, and the procedures involved in ship mortgage enforcement.

Hong Kong's Maritime Legal Services

In May 2017, Chinese President Xi Jinping welcomed 28 heads of state and government officials to Beijing to...
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