Hanjin Steers Stranded Ships to Singapore, Hamburg

South Korea said Hanjin Shipping will try to steer vessels to ports to unload cargo as the government tries to contain global supply-chain disruptions stemming from the container line’s filing for court receivership. 

Hanjin’s ships will make calls at ports including Singapore, Hamburg and Busan, South Korea, where its vessels are unlikely to get stranded, Vice Finance Minister Choi Sang Mok said in Seoul Monday. Regulations at these sites make them less likely places where the ships can get stuck, Choi said. Korea’s Financial Supervisory Commission said 79 of Hanjin’s vessels, including 61 container ships, have had their operations disrupted.

Last modified onTuesday, 06 September 2016 02:27