Hanjin Shipping, South Korea's biggest container line, is roiling the supply chain for goods. After Hanjin filed for bankruptcy protection, about half its fleet was stranded. While one ship has been unloaded at a US port on Monday, many are still at sea. Ports in the US, Asia and Europe have turned the ships away. Shares of Hanjin, have lost about two-thirds of their value this year. Here's a chart on Hanjin Shipping in crucial numbers:
97 container ships in fleet
7th world's biggest container shipping line
2.9% market share
89 container ships in fleet
$549 mn estimated funds needed to cover unpaid costs, including payments for fuel and port operators
KEY AFFECTED CUSTOMERS INCLUDE
$1.2bn (September 8,'15) market value a year ago
$367mn (August 29) market value a day before company's board meeting to decide on court receivership filing
$292mn current market value
97 container ships in fleet
7th world's biggest container shipping line
2.9% market share
89 container ships in fleet
More From This Section
$14 bn value of goods stuck
$549 mn estimated funds needed to cover unpaid costs, including payments for fuel and port operators
KEY AFFECTED CUSTOMERS INCLUDE
- Samsung Electronics
- LG Electronics
- Esquel Group, Hong Kong- based manufacturer for fashion brands including Nike, Hugo Boss and Ralph Lauren
$1.2bn (September 8,'15) market value a year ago
$367mn (August 29) market value a day before company's board meeting to decide on court receivership filing
$292mn current market value