Comment / Market Insight: The potential for another Hanjin is still there, right?

© Sheila Fitzgerald

It is no surprise that Maersk CEO Soren Skou recently urged governments to stop subsidising shipping lines, and it’s pretty obvious why he did that, I reckon: the potential for another Hanjin is there, right?

Important matters

Taiwan’s Yang Ming posted headline results on Friday that confirmed the industry’s asset-heavy companies with stretched balanced sheets remain a bit troubled, to say the least, and need to do more to become healthy.

In this context, “more” could mean either deal-making or lobbying lawmakers/bankers to make sure ...