
FMC Commissioner: Lessons from Hanjin Collapse
The collapse of South Korean shipping company Hanjin Shipping in late-August 2016 was “a wake-up call” for the entire ocean transportation supply chain and there is a number of lessons to be learned from it, William P. Doyle, Commissioner with the US Fede
Collapse of Hanjin, cross-border insolvency and maritime claims
The entire shipping industry witnessed the long-awaited turn in business environment with last week’s news that Hanjin Shipping, a South Korean shipping giant which is considered as the 7th largest container carrier in the world would finally announce its
Hanjin Collapse Is Triggering Short-Term Rate Spike, Maersk Says
Maersk Line, the world’s largest container shipping company, is seeing a short-term rise in freight rates and an inflow of new clients after the collapse of Hanjin Shipping Co.
Singapore offshore stocks hammered in wake of Swiber collapse
Shares in Singapore offshore vessel owner Vallianz were hammered by investors on Thursday morning in the wake of the collapse of Swiber.
Asia-Europe container freight rates collapse 78% this year
Container shipping freight rates on the Asia-Europe trade have plunged by 78% this year up until the week ended...
Asia-Europe container freight rates collapse 78% this year
Container shipping freight rates on the Asia-Europe trade have plunged by 78% this year up until the week ended 15 April, following two consecutive weeks of decrease, according to the Shanghai Containerised Freight Index (SCFI).
China Wins From Commodity Slump as Collapse Spurs Imports
China is emerging a winner from the collapse in commodities prices to the lowest in 12 years as the world&rsquo...