South Korea’s Hanjin Shipping bankruptcy has global impact

#facepalm :)

Mouais, on peut aussi penser aux équipages qui se retrouvent sans paie et sans employeur un peu partout dans le monde.

Et tous les innombrables problèmes en chaîne, uniquement matériels c’est vrai, que déclenche le blocage des cargaisons.

Suivre le croisillon #Hanjin
(et encore, j’en ai sous la main quant aux conséquences matérielles…)

@simplicissimus très juste. J’ai un peu honte de ne pas y avoir pensé

ça mériterait une #carte

Comme celle-ci, par exemple ?
▻https://seenthis.net/messages/520888

South Korea’s Hanjin Shipping bankruptcy has global impact - World Socialist Web Site
►http://www.wsws.org/en/articles/2016/09/09/hanj-s09.html

South Korea’s Hanjin Shipping bankruptcy has global impact
By Ben McGrath
9 September 2016

South Korea’s Hanjin Shipping is facing major restructuring after filing for bankruptcy protection last week. A Seoul court placed the world’s seventh largest cargo transportation line under court receivership on September 1, leading to worldwide disruptions at ports and terminals. The country’s shipping lines and shipbuilders have been struggling in the wake of the 2008 financial crisis and the drop in global trade.

On Tuesday, Hanjin announced it was able to secure 100 billion won (US$90.6 million) to begin unloading dozens of vessels around the world. Forty billion won will come from Hanjun chairman Cho Yang-ho’s personal wealth while 60 billion won will come from loans, using stakes in terminals such as that at Long Beach, California as collateral.

Hanjin Seeks to Steer Stranded Ships to Singapore, Hamburg - Bloomberg
▻http://www.bloomberg.com/news/articles/2016-09-05/hanjin-seeks-to-steer-stranded-ships-to-singapore-hamburg-ports

South Korea said Hanjin Shipping Co. will try to steer vessels to ports to unload cargo as the government attempts to contain global supply-chain disruptions stemming from the container line’s court receivership filing. The shares jumped after Yonhap News Agency reported the government will offer loans to the company.

Hanjin’s ships will make calls at ports including Singapore, Hamburg and Busan, South Korea, where its vessels are unlikely to get stranded, Deputy Finance Minister Choi Sang Mok said in Seoul Monday. Regulations at these sites make them less likely places where the ships can get stuck, Choi said.

13 Mds d’euros, en boîboîtes sur l’eau en attente d’être livrées ou … saisies.

Samsung Says $38 Million of Goods On Board Two Hanjin Vessels - Bloomberg
▻http://www.bloomberg.com/news/articles/2016-09-07/samsung-says-38-million-of-goods-on-board-two-hanjin-vessels

Samsung Electronics Co., the world’s biggest smartphone maker, said about $38 million of its goods and parts were on board two vessels operated by the distressed Hanjin Shipping Co., which applied for bankruptcy protection last week.
[…]
Samsung said its visual display business division had $24.4 million of parts and finished goods in 304 containers meant for its factory in Mexico, while its home appliance business division had products such as refrigerators, washing machines, dishwashers and microwave ovens worth $13.5 million in 312 containers.

If the cargo can’t be unloaded immediately, Samsung will be forced to transport alternative parts by air to help meet contractual obligations, entailing “great costs,” it said. For instance, it would have to charter at least 16 planes at a cost of $8.8 million to transport 1,469 tons of goods, it said.

South Korea’s Hanjin Shipping bankruptcy has global impact - World Socialist Web Site
►http://www.wsws.org/en/articles/2016/09/09/hanj-s09.html

South Korea’s Hanjin Shipping bankruptcy has global impact
By Ben McGrath
9 September 2016

South Korea’s Hanjin Shipping is facing major restructuring after filing for bankruptcy protection last week. A Seoul court placed the world’s seventh largest cargo transportation line under court receivership on September 1, leading to worldwide disruptions at ports and terminals. The country’s shipping lines and shipbuilders have been struggling in the wake of the 2008 financial crisis and the drop in global trade.

On Tuesday, Hanjin announced it was able to secure 100 billion won (US$90.6 million) to begin unloading dozens of vessels around the world. Forty billion won will come from Hanjun chairman Cho Yang-ho’s personal wealth while 60 billion won will come from loans, using stakes in terminals such as that at Long Beach, California as collateral.