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Hanjin Shipping back to life hopelessly

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on :2016-12-16
South Korea's maritime industry "big navigation era" has come to an end. Samil filed a field investigation report on Hanjin Shipping with the bankruptcy department of the Seoul Central District Court on the same day. The report concludes that it is more economical to declare bankruptcy than to save Hanjin Shipping.

Therefore, hundreds of South Korean ships in the sea shuttle will disappear in the history of the memory. In addition, the modern merchant shipping failed to conclude a stable maritime alliance, was the world's six shipping power of South Korea is now instantly reduced to the maritime edge of the country.

South Korean experts pointed out that if you want to give Hanjin sea leeway back to life, the South Korean government should first develop the program to continue to provide liner services. It is necessary to recollect the history of C & Line, a liner company in 2008, that only one ship was seized in Singapore and the world's ports immediately rejected the ship's loading and unloading work at the same time. Only half a month later, C & Line's ships were all seized, not the court to take over the C & Line was forced to liquidate. From the South Korean government did not develop any countermeasures decided to take over the moment the court, Hanjin Shipping has lost the possibility of revival.

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