“It’s Bordering Chaos”: $14 Billion In Cargo Stranded At Sea, Crews “Go Crazy” On Hanjin Ghost Ships
by Tyler Durden
ZeroHedge.com
Sep 8, 2016
The fallout from last week’s historic bankruptcy of one of the world’s biggest shipping lines, Hanjin Shipping, has found little resolution with as much as $14 billion worth of cargo stranded at sea: conditions are “bordering chaos,” said the CEO of SeaIntelligence Consulting in Copenhagen, while the Hanjing shipping labor union added that “our ships can become ghost ships.”
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