Hanjin: Ports Can Expect Months of Disruption

The collapse of Hanjin Shipping is expected to cause difficulties with port operations and shipping lines for two to three months, the U.S. Department of Agriculture said in a report published on Thursday.

The failure of the world’s seventh-largest container carrier is also expected to delay processing of U.S. agricultural products and will likely increase costs of imported agricultural goods in South Korea, the agency said.

Published September 12, 2016

Last modified on November 17, 2017