Marine Link
Sunday, November 24, 2024

Hanjin Woes Seen Impacting Ports, Shipping Lines for 2-3 months -USDA

Maritime Activity Reports, Inc.

September 8, 2016

Photo courtesy of Hanjin Shipping Co

Photo courtesy of Hanjin Shipping Co

The collapse of Hanjin Shipping is expected to cause difficulties with port operations and shipping lines for 2 to 3 months, the U.S. Department of Agriculture said in a report published on Thursday.
 
The failure of the world's seventh-largest container carrier is also expected to delay processing of U.S. agricultural products and will likely increase costs of imported agricultural goods in South Korea, the agency said.

(Reporting by Karl Plume in Chicago)

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week