https://www.scmp.com/rss/323343/feed The latest news, analysis and opinion on Hanjin. In-depth analysis, industry insights and expert opinion. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com SCMP’s Asia desk SCMP’s Asia desk Police in South Korea are hunting a person claiming to be a commercial pilot who threatened to carry out a “suicide flight” over Seoul’s Gimpo International Airport, voicing resentment over the merger between the country’s two largest airlines. The alarming message – posted on an anonymous online forum popular with office workers – also mentioned a stabbing, prompting authorities to increase security around the airport and verify the poster’s identity, police and aviation officials said on... https://www.scmp.com/week-asia/people/article/3340539/seoul-airport-suicide-flight-threat-sparks-police-manhunt-south-korea?utm_source=rss_feed https://www.scmp.com/week-asia/people/article/3340539/seoul-airport-suicide-flight-threat-sparks-police-manhunt-south-korea?utm_source=rss_feed Tue, 20 Jan 2026 08:22:39 +0000 Sam Beltran Sam Beltran The Philippines is repositioning its historic Subic Bay shipyard as a cornerstone of both its own defence industry and Washington’s naval expansion plans, analysts say, at a time of sharpening US-China tensions and with Manila seeking to revitalise its economy. Speaking to business leaders in Washington on Thursday, Philippine Ambassador to the US Jose Manuel Romualdez pitched the Agila Subic Shipyard – once a bustling hub for a subsidiary of South Korea’s Hanjin Heavy Industries, now under new... https://www.scmp.com/week-asia/politics/article/3322180/philippines-subic-bay-play-aims-anchor-us-naval-strategy-asia?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3322180/philippines-subic-bay-play-aims-anchor-us-naval-strategy-asia?utm_source=rss_feed Mon, 18 Aug 2025 03:56:16 +0000 A court in South Korea on Tuesday found the mother of Korean Air’s chief executive guilty of repeatedly assaulting her employees, but gave her a suspended sentence. Lee Myung-hee is the matriarch of the Cho family, which controls the Hanjin transport and logistics conglomerate where her son Cho Won-tae succeeded her husband as chairman following his death last year. The family has come under scrutiny in recent years after being embroiled in multiple criminal probes over assault, embezzlement and... https://www.scmp.com/news/asia/east-asia/article/3093163/mother-korean-air-nut-rage-heiress-gets-suspended-sentence?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3093163/mother-korean-air-nut-rage-heiress-gets-suspended-sentence?utm_source=rss_feed Tue, 14 Jul 2020 11:45:12 +0000 After earning global infamy in what became known as the “nut rage” incident, Korean Air heiress Heather Cho, or Cho Hyun-ah, is poised for another fateful turn as she helps engineer a shareholder revolt against her brother atop one of South Korea’s biggest conglomerates. The former executive, who threw a tantrum and ordered a steward off a Korean Air flight after she was served nuts in a bag rather than a bowl, is seeking to wrest control of the group that includes the carrier and a suite of... https://www.scmp.com/news/asia/east-asia/article/3073959/south-koreas-nut-rage-heiress-heather-cho-engineering-coup?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3073959/south-koreas-nut-rage-heiress-heather-cho-engineering-coup?utm_source=rss_feed Fri, 06 Mar 2020 09:00:48 +0000 Cho Hyun-ah, a former Korean Air executive whose 2014 “nut rage” incident made global headlines, has joined forces with key shareholders of the airline’s parent company in a bid to oust her brother, citing a “crisis” in management. The move comes amid a bitter family feud between the Korean Air CEO and group chairman Cho Won-tae and his sister ahead of a shareholders meeting in March. Cho Hyun-ah, activist fund KCGI, and Bando Engineering & Construction – shareholders in Korean Air’s parent... https://www.scmp.com/news/asia/east-asia/article/3048519/nut-rage-heiress-cho-hyun-ah-plans-oust-brother-korean-air-ceo?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3048519/nut-rage-heiress-cho-hyun-ah-plans-oust-brother-korean-air-ceo?utm_source=rss_feed Sat, 01 Feb 2020 01:45:20 +0000 Cho Won-tae, the chairman of Korean Air and brother of the woman behind the infamous “nut rage” scandal, has apologised this week for getting into a fight with his mother on Christmas Day. According to local reports, Cho, 43, visited his mother, Lee Myung-hee, to celebrate the festive season at her house, where he also discussed the future of the family business. During the conversation, Cho reportedly blew up and went on a rampage, leaving his mother with cuts on her arm. He was believed to... https://www.scmp.com/news/asia/east-asia/article/3044107/korean-air-boss-cho-won-tae-brother-nut-rage-heiress-injures?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3044107/korean-air-boss-cho-won-tae-brother-nut-rage-heiress-injures?utm_source=rss_feed Tue, 31 Dec 2019 09:04:31 +0000 The South Korean business dynasty that gained notoriety with the “nut rage” incident is generating turbulence again. Heather Cho, or Cho Hyun-ah, 45, the eldest daughter of the founding family’s late patriarch, voiced her discontent over how her brother has been running the Hanjin conglomerate, whose units include flagship carrier Korean Air. Walter Cho, the 43-year-old chairman of Hanjin Group and holding company Hanjin Kal, has been running the companies without adequately consulting the rest... https://www.scmp.com/news/asia/east-asia/article/3043332/korean-nut-rage-heiress-heather-cho-slams-brother-over-running?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3043332/korean-nut-rage-heiress-heather-cho-slams-brother-over-running?utm_source=rss_feed Mon, 23 Dec 2019 23:00:25 +0000 Concerns about a potential Chinese takeover of the bankrupt South Korean shipping giant Hanjin’s shipbuilding unit in the Philippines’ strategic Subic Bay have shone a spotlight on growing security concerns over Chinese investment. Improved bilateral relations in the past three years has catapulted China to the status of the Philippines’ largest trading partner, second-largest source of inbound tourism and biggest growth driver in local property development. Agricultural exports, tourism and... https://www.scmp.com/comment/insight-opinion/asia/article/2184243/chinas-growing-investment-philippines-and-hanjins?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/asia/article/2184243/chinas-growing-investment-philippines-and-hanjins?utm_source=rss_feed Thu, 31 Jan 2019 02:00:15 +0000 By Emma Crawford Hampel A handful of British Columbian groups are banding together to bring food, gear and some much-needed distraction to the stranded crew of the Hanjin Scarlet. Thirteen crewmembers are on the vessel, which is anchored off Saturna Island. Some of those on board have been stuck on the ship since August 31, when the Hanjin Shipping Co. filed for bankruptcy. Although the cargo was offloaded in Vancouver over a month ago, crewmembers are in limbo as they can’t come on shore... https://www.scmp.com/news/world/united-states-canada/article/2055136/british-columbia-prepare-holiday-care-packages?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/2055136/british-columbia-prepare-holiday-care-packages?utm_source=rss_feed Fri, 16 Dec 2016 04:45:00 +0000 Korea Development Bank, the main lender to Hanjin Shipping Co., offered a conditional credit line of 50 billion won (US$45 million) to help ease supply-chain disruptions caused by the collapse of the nation’s biggest container mover. The state-owned bank will extend the loan only if the funds pledged by Korean Air Lines Co., the largest shareholder, Chairman Cho Yang Ho and a former chairwoman of Hanjin Shipping are insufficient to help unload cargo from stranded vessels, KDB said in an e-mailed... https://www.scmp.com/business/companies/article/2021787/hanjin-gets-us45-mln-credit-line-korean-state-lender?utm_source=rss_feed https://www.scmp.com/business/companies/article/2021787/hanjin-gets-us45-mln-credit-line-korean-state-lender?utm_source=rss_feed Thu, 22 Sep 2016 17:20:19 +0000 Hanjin Shipping Co., the South Korean container line that has sought bankruptcy protection, won a temporary reprieve after its largest shareholder agreed to provide 60 billion won (US$50 million) in new loans. The financing will be provided immediately, and the shipping company’s accounts receivable will be used as collateral, top shareholder Korean Air Lines Co. said in a text message after the carrier’s board approved the funding. The South Korean government had estimated that Hanjin needed at... https://www.scmp.com/business/companies/article/2021435/hanjin-wins-brief-reprieve-securing-korean-airlines-funds-court?utm_source=rss_feed https://www.scmp.com/business/companies/article/2021435/hanjin-wins-brief-reprieve-securing-korean-airlines-funds-court?utm_source=rss_feed Wed, 21 Sep 2016 17:46:56 +0000 Hong Kong International Terminals Limited (HIT), operator of one of the city’s shipping container terminals, said it has set up a dedicated team to help retrieve containers affected by the collapse of Hanjin Shipping. HIT said its team of 70 had retrieved 1,500 Hanjin containers since the Korean shipping firm filed for receivership at the end of August. The terminal said on Thursday that affected companies should contact Hanjin to retrieve their containers, but it was offering assistance to... https://www.scmp.com/business/global-economy/article/2019745/hutchisons-terminal-unit-sets-team-retrieve-containers-after?utm_source=rss_feed https://www.scmp.com/business/global-economy/article/2019745/hutchisons-terminal-unit-sets-team-retrieve-containers-after?utm_source=rss_feed Thu, 15 Sep 2016 13:32:08 +0000 The collapse of Hanjin Shipping Co. will probably spark fresh consolidation among container lines as they attempt to ride out the shock waves buffeting the industry, Hapag-Lloyd AG Chief Executive Officer Rolf Habben Jansen said. “A lot of people hadn’t expected the difficulties for Hanjin in the magnitude we have seen them,” the CEO said in an interview in Hamburg on Tuesday. “It will change behaviour,” with some participants now assessing whether it might not be better to “team up,” he... https://www.scmp.com/business/companies/article/2019484/hanjin-collapse-may-spur-shipping-consolidation-hapag?utm_source=rss_feed https://www.scmp.com/business/companies/article/2019484/hanjin-collapse-may-spur-shipping-consolidation-hapag?utm_source=rss_feed Wed, 14 Sep 2016 17:42:57 +0000 A US judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at US ports. South Korea’s Hanjin asked US Bankruptcy Judge John Sherwood to issue an order that would prevent creditors from seizing Hanjin ships or property, and allow cargo owners to make arrangements to retrieve goods stranded in warehouses. Sherwood said he would sign the order later on Friday. Earlier, the company received... https://www.scmp.com/business/companies/article/2018203/koreas-hanjin-shipping-gets-us-court-order-and-cash-unload?utm_source=rss_feed https://www.scmp.com/business/companies/article/2018203/koreas-hanjin-shipping-gets-us-court-order-and-cash-unload?utm_source=rss_feed Fri, 09 Sep 2016 21:15:47 +0000 The recent collapse of South Korea’s Hanjin Shipping Company highlights the difficulties of the shipping industry as it endures its worst downturn for more than 30 years. Hanjin is the world’s seventh largest container liner but the markets for tankers, bulk carriers and the oil service sector are also hurting. “If you look across the industry, all sectors have been hit” said Arthur Bowring, managing director of the Hong Kong Shipowners Association. “It’s a very depressing story.” According to... https://www.scmp.com/week-asia/business/article/2017963/hanjin-bankruptcy-how-low-interest-rates-are-brewing-shipping?utm_source=rss_feed https://www.scmp.com/week-asia/business/article/2017963/hanjin-bankruptcy-how-low-interest-rates-are-brewing-shipping?utm_source=rss_feed Fri, 09 Sep 2016 05:52:30 +0000