The Gap is Closing on Vessel Seizures in the Hanjin Emergency

The Wall surface Road Journal has just recently observed that if Hanjin Shipping Co. Ltd. fails in its attempts to rearrange and also new from bankruptcy process in Korea, it would represent the largest container shipping company to date to collapse. In the meantime, its creditors have actually apparently been active in Chinese, Singaporean, as well as American ports. At this …