Hanjin Assets, Maersk, Carrier Collapse, China's U.S. Export Ban - Universal Shipping News

Описание: MORE ON HANJIN'S ASSETS FOR SALE - http://www.universalcargo.com/hanjin-...

MORE ON HIGH RISK OF MORE CARRIER COLLAPSES -http://www.universalcargo.com/theres-...

MORE ON CHINA LIFTING BAN ON U.S. BEEF EXPORTS - http://www.universalcargo.com/china-a...

MORE ON MAERSK SPLITTING & GOING AFTER OTHER CARRIERS - http://www.universalcargo.com/divide-...

TRANSCRIPT:

Hello and welcome to Universal Shipping News, where we ask, “What the freight is going on with international shipping?”

I’m Jared Vineyard

Anyone want to buy Hanjin Shipping? No? No. Yeah, no one wants to buy Hanjin Shipping, but the bankrupt carrier’s stock did just go up after the announcement was made that its Asia to U.S. assets are being put up for sale.

Last time I talked about Maersk, the biggest shipping line in international shipping by capacity, splitting into two divisions.

~Maersk, the biggest shipping line in international shipping by capacity is splitting into two divisions~

See?

Many think with one division focused on international shipping and acquiring struggling carriers, this will mean Maersk will swoop in to buy Hanjin’s assets, but not likely. Not even Maersk wants to buy Hanjin. Maersk is more likely to leave Hanjin’s assets alone and go after acquiring carriers that haven’t gone bankrupt yet to shrink the competition pool. Or competition ocean?

There are plenty of struggling carriers for Maersk to go after. According to Drewry Maritime Research’s, um, research it looks like almost all carriers in the international shipping industry have been in financial stress for years and the risk of more major carrier collapses, like Hanjin’s, is high. And between you and me… and Drewry, and anyone around the world who’s read Drewry’s public articles about their research, Maersk isn’t exactly the perfect picture of financial health either.

In other international shipping news, China has a beef with U.S. exports. Well, China has no beef with U.S. exports. China’s beef with U.S. exports is that it has no beef with U.S. exports, but it’s about to have beef… start over. Hello and welcome to, no not that far back. China is about to lift a ban on importing U.S. beef. This is huge news for U.S. agricultural exports! So, moo.

All right, for more on these stories and all your international shipping needs, check out UniversalCargo.com.

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Until next time, stay in shipshape!