Hanjin collapse takes 150,000 TEU out of Asia-Med trade
Hanjin Shipping in August accounted for more than a quarter of capacity on the Asia-Mediterranean trade.Hanjin Shipping’s collapse has been a disaster for shippers across the world, but on the oversupplied Asia-Mediterranean trade it means the sudden removal of 150,000 twenty-foot-equivalent units from the market where it enjoyed a 9…
Hanjin collapse takes 150,000 TEU out of Asia-Med trade
Journal of Commerce