Receive FREE Newsletter
Advanced Search
+

News / Hanjin charter defaults spark more vessel lay-ups and add to shipyard woes

default_image
© Khunaspix Dreamstime.
By

South Korean shipyards are coming under severe financial pressure as orders dry up and containerships under construction have delivery dates extended due to chronic overcapacity on liner trades.

Delegates at the World Ocean Forum ? Ocean, The Beginning of a New Era ? conference in Busan this week heard ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Charter parties scrapping The fall-out from Hanjin