Explainer: why Hanjin's ships are stranded around the globe
- Written by Michael Murray, Fellow, Queensland University of Technology
The collapse of South Korean company Hanjin Shipping has left ships, cargo and crews stranded around the globe. It highlights the complex consequences of a shipping company going bankrupt, with Hanjin’s creditors and customers waiting to see whether the business can be saved.
Hanjin Shipping Co is one of the world’s top ten container...