Hanjin Shipping Co. Ltd is South Korea's largest and one of the world's top ten container carriers in terms of capacity. In August 2016, the company applied for receivership.
Hanjin shipping operates some 60 liner and tramper services around the globe transporting over 100 million tons of cargo annually. Its fleet consists of some 200 containerships, bulk and LNG carriers. Hanjin Shipping has its own subsidiaries dedicated to ocean transportation and terminal operation and it has 230 branch offices in 60 different countries
◾ Bulk - This division of the shipping company delivers a variety of resources and raw materials through its ‘contract of affreightment’ with other companies. The division's ships are LNG and VLCC ships which carry crude oil and chemicals.[6]
◾ Terminal – The shipping terminals for this company are distributed internationally. There are fourteen dock yards that this company owns: four in Korea, two in the United States of America, two in Japan, and the rest in Spain, Taiwan, Vietnam and Belgium