That sinking feeling

Too many ships, too little trade. On August 31st Hanjin Shipping, South Korea’s biggest container carrier and the seventh-largest in the world, filed for receivership, after five years of losses and another deficit in the first half of 2016.

Long-troubled shippers have that sinking feeling

Hanjin Shipping and Hyundai Merchant Marine (HMM), Korea’s top two maritime shippers, are...