DP World Acts on Hanjin Madness

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Around 10 ships operated by Hanjin Shipping are currently in DP World’s flagship Port of Jebel Ali, with the global operator currently working with customers to minimise shipping disruption, according to The National.

An unnamed DP World Spokeman said: “While we don’t publish data on client receivables, following Hanjin Shipping’s decision to file for court protection, we have been working with our customers and partners to minimise impact on world trade.

“The filing for receivership is still at an early stage and we note that the exact form of the proposed restructuring plan is still unknown. We recognise the importance of our role as global trade enabler to the supply chain, so while protecting our interests, our main focus is limiting any disruption to service for our customers to continue the smooth flow of goods across our global network.”

PTI previously reported that Hanjin’s collapse has been having widespread repercussions on the port and shipping industries.

Recent news has found that out of the three Hanjin vessels that have been stranded at the ports of Los Angeles and Long Beach, one Hanjin vessel has been allowed to unload at the Port of Long Beach.

This follows big news that Hyundai Merchant Marine is to create a ‘Mini Alliance’ with three other carriers in a bid to fill the commercial gap created by Hanjin’s collapse.

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