Hanjin Group is a South Korean conglomerate founded in 1945, primarily known for its shipping and logistics services. The group was established by Choong-Hoon Hanjin and has since expanded into various sectors, including transportation, construction, and hospitality. Its most notable subsidiary is Korean Air, which is one of the largest airlines in Asia. In 2016, Hanjin Group faced significant financial difficulties, leading to the bankruptcy of its shipping subsidiary, Hanjin Shipping. This event had a major impact on global shipping and logistics, causing disruptions in supply chains worldwide. Despite these challenges, Hanjin Group continues to operate in various industries, focusing on recovery and growth.