1 / 24

INDUSTRY GAME-CHANGER:

Marsha Salisbury Research Editor, The Journal of Commerce Marsha.Salisbury@ihsmarkit.com. September 15, 2016. INDUSTRY GAME-CHANGER:. THE HANJIN SHIPPING COLLAPSE. THE LONG ISLAND IMPORT EXPORT ASSOCIATION. THE HANJIN SHIPPING COLLAPSE: CONTAINER TRADE.

leblancg
Download Presentation

INDUSTRY GAME-CHANGER:

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Marsha Salisbury Research Editor, The Journal of Commerce Marsha.Salisbury@ihsmarkit.com September 15, 2016 INDUSTRY GAME-CHANGER: THE HANJIN SHIPPING COLLAPSE THE LONG ISLAND IMPORT EXPORT ASSOCIATION

  2. THE HANJIN SHIPPING COLLAPSE: CONTAINER TRADE • AISLive ship tracking maps of Hanjin Shipping operating ships • Hanjin Shipping — by the numbers • Ocean container carriers & financial collapse — a history • South Korea government fund for ailing shipping firms • Timeline: Hyundai Merchant Marine, reorganization • Timeline: Hanjin Shipping, reorganization • U.S. Federal Maritime Commission • Chapter 15 of the U.S. Federal Bankruptcy Code

  3. THE HANJIN SHIPPING COLLAPSE: CONTAINER TRADE • Container Carrier Mergers & Acquisitions, 2014-present • Top 10 Container Carriers in U.S. Trade, PIERS • Top 10 Global Container Fleet Operators, Alphaliner • Top 10 Global Container Fleet Orderbooks, Alphaliner • Shanghai Container Freight Index (SCFI) 2010-present, Shanghai Shipping Exchange • Hanjin Shipping sources for cargo and vessel information • Speaker contact and discount subscription information

  4. Source: AISLive is a sister product of The Journal of Commerce within IHS Markit, https://www.ihs.com/products/ais-live-ship-tracker.html

  5. Source: AISLive is a sister product of The Journal of Commerce within IHS Markit, https://www.ihs.com/products/ais-live-ship-tracker.html

  6. Source: AISLive is a sister product of The Journal of Commerce within IHS Markit, https://www.ihs.com/products/ais-live-ship-tracker.html

  7. HANJIN SHIPPING CONTAINER TRADE – BY THE NUMBERS

  8. South Korea Government Fund For Ailing Shipping Firms New South Korea government US$1.2 billion fund for struggling South Korean shipping and shipbuilding firms is open only to those with debt:equity ratio below 400%. Created to bolster South Korean competitiveness requiring 'pain-sharing' by all interested parties. Both Hyundai and Hanjin were ineligible due to severely higher debt:equity ratios and both had debt payment issues including corporate bonds maturing in 2016 and 2017. In January the Korean Shipowners' Association requests immediate financial aid for both Hyundai Merchant Marine and Hanjin Shipping to overcome liquidity crises. In August the Korean Shipowners' Association presses for a Hanjin-Hyundai merger. In August, the second largest Korean container carrier, Hyundai proceeds into debt normalization plan with its creditors - while the largest Korean container carrier, Hanjin files for court receivership in South Korea.

  9. 2016 Timeline — HYUNDAI MERCHANT MARINE

  10. 2016 Timeline — Hanjin

  11. 2016 Timeline — FEDERAL MARITIME COMMISSION

  12. What's Chapter 15 Of The U.S. Federal Bankruptcy Code?

  13. Container Carrier Mergers & Acquisitions, 2014-present

  14. TOP 10 CONTAINER CARRIERS IN U.S. TRADE

  15. ALPHALINER'S TOP 10 GLOBAL CONTAINER FLEET OPERATORS

  16. ALPHALINER'S TOP 10 GLOBAL CONTAINER FLEET ORDERBOOKS

  17. HANJIN SHIPPING: CARGO & VESSEL INFORMATION

  18. Thank you for reading The Journal of Commerce!

More Related