The first Hanjin vessels have been arrested

Shippers fear for their goods. Container rates to the US are soaring, and the first ships have now been arrested. According to ShippingWatch's sources, four vessels in three Asian ports have been arrested. Read on to learn where and which vessels, as the Hanjin collapse sends shockwaves across the globe at lightning speed.

Photo: Hanjin

Within a few hours of Wednesday's announcement that the world's seventh-largest container carrier, Hanjin Shipping, had filed for receivership, the consequences began to emerge throughout the sector across the globe.

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