Hanjin Shipping: Impact on Cargo Insurers

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Post by Kevin Khorshid
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When the board of Hanjin Delivery elected all to file for receivership at the end of August, it sped up the biggest container line bankruptcy in history. The collapse of the business is partly because of the pressure on the delivery market, which has actually been unrelenting considering that the 2008 financial collision. Much of this needs to …