Hanjin's biggest creditor hesitant with financial help

While USD 14 billion worth of cargo is stranded on Hanjin's vessels, the carrier's biggest creditor, Korea Development Bank, is hesitant to fork out financial aid, reports Reuters. 11,000 jobs are in danger in port city Busan.

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Danish Shipping: The challenge of sulfur cheating is real

The risk of carriers cheating with sulfur requirements to benefit financially is a real threat to law-abiding shipowners from 2020, says Maria Skipper Schwenn, Executive Director of Danish Shipping. She rejects the criticism that that the industry is exerting too much energy chasing ghosts.

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