Hanjin faces three possible scenarios

The collapse of Hanjin Shipping has sent shock waves through the industry this past week. But what happens now? Who could be trapped? And what are the most likely outcomes? ShippingWatch presents a brief overview of the possible scenarios.

Photo: Mark Lennihan/AP/Polfoto/Arkiv

Hanjin Shipping's decision to file for and enter receivership sent shock waves throughout the container industry where creditors are currently working full-speed to safeguard themselves against the South Korean container carrier's looming bankruptcy.

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