The crash of Hanjin, blocked 85 ships – BBC

a fleet of 85 container ships of Hanjin, South Korean shipping giant, is locked in the seas of half the world after no docking port makes following the bankruptcy of the company. The fear is that Hanjin do not have the money to pay port taxes and that the load of the merchant involved in the affair once arrived in the ports can be seized by creditors creating disruption to port operations, reports Bloomberg. A couple of merchant are locked out of the port of Long Beach, California, carrying goods from Samsung for a value of 38 million dollars. “Our merchant have become ghost ships. Now on those ships in the sea are scarce food and water, “said the union representing workers of Hanjin shipping. Yesterday, the Hanjin group said it will guarantee an injection of liquidity of 100 billion won (90 million dollars) to stem the emergency.

in these 100 billion won, the government has added a loan other 100 000 000 000 of long-term won and lower rates. But the ministry of Seoul Navy estimated that Hanjin Shipping needs of

more than 600 billion won only to cover fuel costs. Total liabilities of the company amounted to 6.1 trillion won (5.5 billion dollars). The difficulties of Hanjin Shipping reflect that of the whole of the container sector, undermined by the great financial crisis. Since the end of 2015 the fund operates at a loss, and this year there will be a red 5 billion dollars.

And there is concern about the financial crisis of the company Korean Hanjin shipping to the risk of major job losses even in Italy. In Genoa are 89 workers who have an uncertain future.

7 September 2016 (amendment 8 September 2016 | 07:35)

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