Tag Archives: Hanjin

Placing the Hanjin bankruptcy in a global shipping industry context

To understood the Hanjin bankruptcy is to understand the current state of the global shipping industry. And if Hanjin is any thing to go by, and it is, the picture isn’t good. However, it is not all doom and gloom as the shipping industry is in the process of reorganizing itself and of this Hanjin saga is simply a part. Continue reading

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A lifeline for Hanjin or a delay of the inevitable?

Will giving Hanjin more time to develop and submit a rehabilitation plan to the court give it the ‘breathing space’ needed to come up with a viable plan to say afloat? Or is it just delaying the inevitable? I guess we will have to wait unit December to find out. Continue reading

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