Hanjin Shipping petitioned the Federal Maritime Commission to allow it to submit a “universal notice” of its pending corporate reorganization into two separate units instead of having to submit a separate amendment for each of it 2,700 service contracts. Hanjin’s board of directors approved the division of the company into Hanjin Shipping Holdings, a holding company, and Hanjin Shipping, an operating company, as of Dec. 1.
Hanjin said in its petition it would provide each service contract shipper counter-party with electronic notice of this corporate change and instructions on how to request preparation of a "formal consent" should one be required.
The FMC has posted Hanjin’s petition on its Web site and requested comment from interested parties by Nov. 16.
Hanjin said in its petition it would provide each service contract shipper counter-party with electronic notice of this corporate change and instructions on how to request preparation of a "formal consent" should one be required.
The FMC has posted Hanjin’s petition on its Web site and requested comment from interested parties by Nov. 16.
