The Traderszone Network

Published in TZ Latest News 31 August, 2016 by The TZ Newswire Staff

Three Hanjin Ships Stranded Off California Coast

Earlier today we reported that in an surprising and abrupt development, one which may lead to ripple effects on global supply-chains and worldwide “just-in-time” logistics, the biggest South Korean shipping company and the world’s 7th largest container shipper, Hanjin Shipping, filed for bankruptcy leaving its assets frozen as ports from China to Spain denied access to its vessels.

 

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