The Hanjin Shipping collapse initially impacted Shippers and Consignees, who had to navigate the waters of transhipment, security arrangements for the release of Hanjin containers, delivery of goods and return of containers to depots prepared to accept them.
Now there is the problem for container terminals and depots in possession of Hanjin containers of what to do with those containers. Many are owed considerable and growing storage charges, in addition to maintenance, repair and storage charges in arrears. Click here to read full article.