Hanjin Troubles to Cause Delays

Earlier this week Hanjin Shipping announced that it is filing court receivership after its main creditor refused to provider any further financial support to the troubled line. With over 100 container vessels on the water (plus over 100 other vessel types) transporting 3.7 million TEU of containerised goods per annum it comes as no surprise that the effects of this news is being felt worldwide.

Over the next couple of months a South Korean court will decide if the company ...

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