Hanjin Shipping files for Bankruptcy Court Protection 

As many of you have already heard, Hanjin Shipping, the seventh largest steamship line by capacity, has just filed for court protection which leaves many questions about their continued operations.

In light of this, Scarbrough is working on getting your cargo rebooked on new carriers. Please note this may incur additional fees as we work through each of your unique situations. If your cargo is already enroute, we are working on getting additional details from the carrier about their plans with the containers currently on board.

We will be reaching out to you directly if there are potential delays with your cargo that is currently onboard a Hanjin vessel.

Please note there are many rumors already circulating throughout the industry and Scarbrough will do its best to ensure we can substantiate all claims.

Finally, it is our belief that other carriers will use this as an opportunity to increase rates through General Rate Increases (GRIs) and a possible Peak Season Surcharge (PSS). As always, Scarbrough will work to mitigate these charges to the best of our ability to keep your cargo moving at the most competitive rates possible. This situation will cause capacity issues as space becomes tight.

Thank you for your continued support.  As indicated in our recent Hanjin post yesterday, we will continue to monitor the situation and keep you posted.

For more information, please contact your direct Scarbrough Client Relations Manager or email info@scarbrough-intl.com.



To read more about the situation, visit:

The Wall Street Journal


Pulse Headlines