News / Hundreds of shippers still waiting for cargo in Hanjin boxes 'held hostage' by out-of-pocket ports

Three months after the collapse of Hanjin Shipping, hundreds of shippers have still not received their cargo, even though the bankrupt carrier’s containerships have now all been discharged.

When Hanjin entered court receivership on 31 August, some 500,000 teu, worth an estimated $12bn, was on over 100 ships around the world – many were refused entry into ports until debts had been settled and several were arrested by creditors.

Evidence of the continued fallout was revealed at a meeting of the Taiwan government’s transportation committee yesterday, when it was claimed ...