News / Post-Hanjin, contingency planning 'is a must, not an option' to avoid chaos

As the industry begins to learn lessons from the demise of Hanjin, it is clear that the location of containers will be the priority for forwarders and shippers seeking to mitigate the effect of future collapses.

A recent critique from Damco emphasises visibility in the supply chain and that contingency planning is “no longer an option, but a must”.

Damco, recently merged into Maersk’s new Transport & Logistics division, had containers on 40-50 Hanjin-operated vessels around the world when the South Korean carrier entered into court receivership on 31 August.

It ...