10 Hanjin vessels had been

10 Hanjin vessels had been both seized or denied access at Chinese terminals in Shanghai and Tianjin during the last 48 hours, in keeping with nearby media reviews, with some other vessel impounded in Singapore earlier the week.

An envisioned 540,000 bins are predicted to stand shipping delays, in line with the reports.

Hanjin formally entered court docket receivership on September 2, the Seoul Central District Court introduced.

The courtroom will decide whether to preserve Hanjin afloat below a restoration application which includes debt rescheduling or to claim it bankrupt. Hanjin Shipping’s belongings will in the meantime continue to be frozen, and the courtroom-appointed new management is needed to give you a new rehabilitation plan by November 25.

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