Hanjin Bankruptcy Demonstrates Fragility of Ocean Freight Market Prior to “Black November”
NC State SCRC
SEPTEMBER 9, 2016
However, the announcement should not have come as a surprise, as the ocean cargo market has been suffering for some time by a condition of overcapacity, low rates, and a flat global market. once they’ve been allowed to discharge cargo to protect the interests of maritime lien holders. bankruptcy code. Judge John K.
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