• Hanjin Shipping bankruptcy sends shockwaves across global supply chains

    Subscribe to CCTV on YouTube: https://www.youtube.com/user/CCTVcomInternational CCTV: https://goo.gl/gYT8W8 CCTV中文国际: http://goo.gl/HcZaeZ Follow us on: Facebook: https://www.facebook.com/cctvcom Twitter: https://twitter.com/cctv Instagram: http://instagram.com/cctvenglish

    published: 07 Sep 2016
  • Hanjin Shipping declared bankrupt

    법원, 40년 역사 한진해운에 최종 파산 선고 Hanjin Shipping, once the biggest name in Korea's thriving shipping sector,... was officially declared bankrupt today. Despite injections of governmental support, it folded under the weight of billions of dollars of debt. According to our Kim Min-ji, this development is expected to deal a damaging blow not just to the local industry, but the economy as a whole. A 40-year history... ended. The Seoul Central District Court on Friday cut off the lifeline of Hanjin Shipping -- once Korea's largest shipping company... and the world's seventh largest -- following a two-week appeals period. A bankruptcy trustee will now be appointed to sell off Hanjin's remaining assets. Earlier this month, the court decided to end the rehabilitation scheme,... saying the firm'...

    published: 17 Feb 2017
  • Panic NOW: Global Shipping Chaos- Ghost Ships; Hanjin bankruptcy

    Panic NOW: Global Shipping Chaos- Ghost Ships; Hanjin bankruptcy

    published: 07 Sep 2016
  • Bankruptcy Of Major Shipping Company Causes Cargo Crisis

    The bankruptcy of shipping company Hanjin is causing major problems here in Southern California. Cristy Fajardo reports.

    published: 05 Sep 2016
  • Cargo Chaos At Sea As Hanjin Files For Bankruptcy | CNBC

    CNBC's Morgan Brennan reports the latest on the supply chain disruptions caused by the Hanjin bankruptcy. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Cargo Chaos At Sea As Hanjin Files For Bankruptcy | CNBC

    published: 09 Sep 2016
  • Global Shipping Bankruptcy Crisis

    Global Shipping Bankruptcy Crisis - 7th largest container shipping Company files for bankruptcy all assets & goods seized. Articles: http://www.mydailyinformer.com/breaking-news-urgent-global-supply-chains-crippled-as-7th-largest-container-shipping-co-on-earth-files-bankruptcy-assets-seized/ also http://www.marketplace.org/2016/08/31/business/shipping-news please share, comment and SUBSCRIBE Thank you.

    published: 01 Sep 2016
  • What Happens When A Shipping Company Goes Bust | CNBC

    Here’s the anatomy of a bankruptcy when you’re one of the world’s top ten shipping companies. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC What Happens When A Shipping Company Goes Bust | CNBC

    published: 16 Sep 2016
  • Shipping in Crisis!

    Do you remember listening to the shipping forecast on the radio? It was like a foreign language. Today, the language of the global shipping industry is crystal clear – things are grim with a capital G… As you commute to work in the train or the car you probably don’t give much thought to shipping containers. Those big rectangular boxes that you see stacked up in ports and on the deck of massive cargo ships have an important story to tell. They’re the modern day Silk Road. The main means by which global trade and commerce gets delivered. And the story they are telling us today is not pretty. Almost everyone that you’ll hear spouting off about the state of the world’s economy has some sort of agenda. Usually that involves talking up a situation to make you believe that everything’s hunky do...

    published: 02 Mar 2016
  • Bankruptcy of cargo company could create economic ripple

    Morgan Brennan reports on Hanjin Shipping's bankruptcy and its effect on the global supply chain during peak season ahead of the holidays.

    published: 08 Sep 2016
  • 45 ships of Hanjin Shipping denied entry or held offshore, causing turmoil to global freight

    한진해운 선박 45척 운항차질… 국제 물류에 혼란 The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether hundreds of tons of goods being carried by the Korean company will reach shelves. Oh Jung-hee reports. Almost half of Hanjin Shipping's fleet has stopped operating,... ...as the company was put under a court-led restructuring scheme on Thursday. 45 ships are denied entry to ports,... or remain anchored,... in seven countries including China, Japan, India, and the U.S.,... as port workers refuse to offload or take aboard cargo in fear of unpaid fees. According to the Korea International Trade Association,... China seized or was to seize 10 Hanjin vessels,... while Singapore already ha...

    published: 02 Sep 2016
  • Hanjin shipments in troubled waters after company’s collapse

    The collapse of the world's seventh largest container carrier, Hanjin, sent shockwaves across global supply chains. The troubled South Korean shipping company, however, has been granted temporary bankruptcy protection from creditors by a US judge. But international port authorities are refusing to unload many of its ships, fearing they will be stuck with the bill. Al Jazeera’s Kimberly Halkett reports from Baltimore. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/

    published: 08 Sep 2016
  • Iran sanctions behind UK shipping lines bankruptcy - Press TV News

    Automatically uploaded video [VIDEO] Iran sanctions behind UK shipping lines bankruptcy Mon, 13 Jun 2011 19:07:02 Url: "http://presstvmobile.com/blog/?p=14785" #presstv #presstvandroid #presstviphone #presstvglobalnews #presstvmobile

    published: 13 Jun 2011
  • Ship company bankruptcy could affect holiday shopping

    For nearly two weeks, dozens of cargo ships belonging to Hanjin Shipping have been stuck at sea after the South Korean company filed for bankruptcy. A judge's ruling has cleared the way for some of those ships to unload, but the bankruptcy could lead to problems come holiday season. Mireya Villarreal has more.

    published: 11 Sep 2016
  • Halloween Sells on EBAY!! & Inside Toys R Us POST bankruptcy

    Thanks for checking out my channel. Make sure to subscribe!! Ebay/Amazon Equipment Photo Lighting Kit- http://amzn.to/2mEdSQq Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Photo Background- http://amzn.to/2xCBnBD Shipping Tape Gun- http://amzn.to/2s7rc6f Poly Mailers - http://amzn.to/2iVae2t Bubble Mailers - http://amzn.to/2iVcUgt Thermal Printer- http://amzn.to/2mqkhST Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Video Game Cleaner- http://amzn.to/2jD08Iy Youtube Equipment: Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter- http://amzn.to/2tKN6NU Logitech Webcam - http://amzn.to/2iZcLc7 Canon G7X II Vlog Camera- http://amzn.to/2ujOgwH Memory Card- http://amzn.to/2xBPDdD Flexi Tripod- http://amzn.to/2xBmuiL Back Up batter...

    published: 23 Sep 2017
  • Brazilian tycoon's oil firm files for bankruptcy

    Eike Batista was one of the world's richest men with a multi-billion dollar empire that included oil, mining, power and shipping, but his oil firm just filed for bankruptcy protection. Anthony Mason reports.

    published: 01 Nov 2013
  • RIP Vaping in Canada? Popular E-juice Co. Files Bankruptcy, Vape Giveaway and More | The ReCap

    Question: Would you ever buy e-liquid at your local gas station? Is this a good way to make e-liquid more accessible? This week's ReCap: Is this it for Vaping in Canada? A popular e-juice company went bankrupt this past week, and we tackle the most asked question in our industry: Is Vaping Safe? Plus, THIS WEEK'S GIVEAWAY IS AWESOME!! All this and more in our weekly ReCap! ARTICLES MENTIONED ► Anti-Vaping Bill in Canada | http://vaping360.com/health-canada-vaping-regulations/ ► Is Vaping Safe? | http://vaping360.com/is-vaping-safe/ ► Joyetech​ Exceed D19 Preview | http://vaping360.com/joyetech-exceed-d19-kit/ ► Johnson Creek files for Bankruptcy | http://vaping360.com/johnson-creek-vapor-closes/ ► Space Jam Juice​ expands in C-stores | http://vaping360.com/space-jam-cstore-sales/ ► ...

    published: 15 Oct 2017
  • U.S. court approves temporary bankruptcy protection for Hanjin Shipping

    美 법원, 한진해운 파산보호 신청 임시 승인 A court in the United States has granted temporary bankruptcy protection for Korea's Hanjin Shipping. The order, issued by the U.S. Bankruptcy Court in Newark, New Jersey,... comes four days after the shipping giant filed the application. The move will prevent U.S. creditors from taking legal action against Hanjin's ships and other assets, while the company undergoes restructuring in Korea. Hanjin's representatives will have to return to court on Friday to discuss unresolved logistical issues with company stakeholders. Hundreds of retailers are still awaiting shipments for the upcoming holiday season. On Tuesday, Hanjin Group announced plans to inject over 91 million U.S. dollars into its cash-strapped shipping arm. Korea's trade-ministry also launched a special ...

    published: 07 Sep 2016
  • Biggest Bankruptcy Bets for 2017

    The stabilization of energy prices in 2016 stemmed a potential wave of oil patch bankruptcies. That pause could end in 2017 as steep debt loads may prove too much for some suppliers, said Ted Gavin, managing partner of Gavin/Solmonese. "I think the data shows that the prolonged drop in oil prices has led companies seeking to hold on through the trough to use debt to replace what used to be income," said Gavin. "Rather than curtailing operations, companies are going deeper in debt waiting for pricing to return to a level more likely to provide for breakeven or better operations," said Gavin. "Like all businesses, increases in debt in the oil business has a short lifespan before the company faces failure - and here we are." Gavin said the shipping industry is not going to be totally undone b...

    published: 17 Oct 2016
  • Hanjin Shipping files for bankruptcy protection in U.S.: Wall Street Journal

    한진해운, 미국 법원에 파산보호 신청 Korea's largest shipping company, Hanjin Shipping, has reportedly applied for bankruptcy protection in the United States. The Wall Street Journal says the application was lodged last Friday, just two days after the company applied for protection in Korean courts. The filing will prevent creditors from seizing Hanjin's U.S. assets and block them from launching further legal action, while the company undergoes restructuring in Korea. The report says the U.S. bankruptcy filing was made by Suk Tai-soo, Hanjin's inside director and foreign representative. The company currently operates over 60 regular lines world-wide, with 140 container or bulk vessels. The Wall Street Journal says Hanjin's bankruptcy will be regarded as "the largest container-shipping failure in histor...

    published: 05 Sep 2016
  • Shipping Company Bankruptcy Strands Products Worldwide

    Shipping company Hanjin has filed for bankruptcy, leaving hundreds of millions of dollars worth of products stranded at sea

    published: 07 Sep 2016
  • Bankruptcy Auction! Major Retail Shipping Company Fleet

    Auction Ends 7/28/2016 starting at 4PM EST. See Terms & Conditions. Bankruptcy Auction! Major Retail Shipping Company Fleet consisting of over 100 Sleepers, Day Cabs, Trailers, Straight Trucks, Vans and more. Late models from Freightliner, Peterbilt, Volvo, Hino, Isuzu, Ford, Vanguard, Great Dane, Wabash. Also other related logistics equipment. In Re: United States Bankruptcy Court for the District of New Jersey Chapter 11 Case Nos. 16-10615 and 16-10616 EZ Mailing Services, Inc. and United Business Freight Forwarders Limited Liability Company. Offer Subject to Change Without Notice. Subject to Bankruptcy Court Approval.

    published: 08 Jul 2016
  • Rough seas for global shipping | The Economist

    When the shipping firm Hanjin went bust in September, $14bn worth of goods were stranded at sea. Discover how the shipping industry has faced strong headwinds since the financial crisis of 2008. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 The global shipping industry has been weathering rough seas for years. It is responsible for 90% of the world's traded goods but a price war over freight rates has hit the industry hard. The industry has suffered from an over supply of ships and stuttering commodity prices, sending a container from Shanghai to Europe costs half what it did two years ago. In late 2016, one of the world's biggest shipping companies, Hanjin, went bust. 66 ships loaded with $14.5 billion of goods, were left stranded at sea. One of t...

    published: 05 Dec 2016
  • Top 10 Stories of 2016 - Universal Shipping News

    MORE: http://www.universalcargo.com/top-10-international-shipping-stories-of-2016/ TRANSCRIPT: Welcome to Universal Shipping News. I'm Jared Vineyard. 2016 is over, but some of the things that happened will have a lasting effect. Let's look back on the year by counting down the top 10 international shipping news stories of the year. #10 – RECORD LOW FREIGHT RATES Bad news for carriers, but great news for shippers. Or was it? #9 – CHINA LIFTING BAN ON U.S. BEEF IMPORTS China no longer having a beef with U.S. beef is huge news for agricultural exporters. #8 – MOL, NYK, AND K LINE PLAN MERGER This is something like Japan’s shipping industry’s version of the Holy Trinity. #7 – EL FARO’S BLACK BOX FOUND The finding of the El Faro’s black box is a chance at unraveling just what happened in ...

    published: 04 Jan 2017
  • True Religion Files Bankruptcy + Ebay Users Photos Removed

    Photobucket removes ebay amazon etsy photos- https://www.theverge.com/2017/7/4/15919224/photobucket-broken-images-amazon-ebay-etsy-paid-update True Religion Bankrupt- https://www.usatoday.com/story/money/2017/07/05/jeans-maker-true-religion-seeks-revival-chapter-11-bankruptcy/451097001/ Hobby Lobby owner Fined- https://www.usatoday.com/story/money/business/2017/07/05/hobby-lobby-fined-3m-over-smuggled-iraqi-artifacts/103457614/ Thanks for checking out my channel. Make sure to subscribe!! MY EQUIPMENT: Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Shipping Tape Gun- http://amzn.to/2s7rc6f Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Photo Lighting Kit- http://amzn.to/2mEdSQq Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter-...

    published: 06 Jul 2017
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Hanjin Shipping bankruptcy sends shockwaves across global supply chains

Hanjin Shipping bankruptcy sends shockwaves across global supply chains

  • Order:
  • Duration: 2:34
  • Updated: 07 Sep 2016
  • views: 10030
videos
Subscribe to CCTV on YouTube: https://www.youtube.com/user/CCTVcomInternational CCTV: https://goo.gl/gYT8W8 CCTV中文国际: http://goo.gl/HcZaeZ Follow us on: Facebook: https://www.facebook.com/cctvcom Twitter: https://twitter.com/cctv Instagram: http://instagram.com/cctvenglish
https://wn.com/Hanjin_Shipping_Bankruptcy_Sends_Shockwaves_Across_Global_Supply_Chains
Hanjin Shipping declared bankrupt

Hanjin Shipping declared bankrupt

  • Order:
  • Duration: 2:52
  • Updated: 17 Feb 2017
  • views: 838
videos
법원, 40년 역사 한진해운에 최종 파산 선고 Hanjin Shipping, once the biggest name in Korea's thriving shipping sector,... was officially declared bankrupt today. Despite injections of governmental support, it folded under the weight of billions of dollars of debt. According to our Kim Min-ji, this development is expected to deal a damaging blow not just to the local industry, but the economy as a whole. A 40-year history... ended. The Seoul Central District Court on Friday cut off the lifeline of Hanjin Shipping -- once Korea's largest shipping company... and the world's seventh largest -- following a two-week appeals period. A bankruptcy trustee will now be appointed to sell off Hanjin's remaining assets. Earlier this month, the court decided to end the rehabilitation scheme,... saying the firm's liquidation value would be worth more than its value as a going concern. Hanjin had been under court receivership since last September, after creditors decided not to extend further financial support. At the time, the company's debt stood at over 5 billion U.S. dollars. Hanjin's collapse was preceded by tough industry conditions,... including low freight rates due to overcapacity, and a decline in shipments from slumping global demand. Some of Hanjin's routes will now be covered by foreign shippers,... and Korean exporters may have to shoulder the cost of redirecting the shipments or finding new shippers. Layoffs are another concern -- while the government says 2-thousand workers will lose their jobs,... experts expect about 25-thousand job losses from related companies as well. "I feel as though the government failed to recognize the importance of the shipping industry as a national industry. Rather than help it stand up again,... Hanjin was forced to sell its major assets -- in essence, leaving it with no options to create profit. The collapse is expected to result in a plunge in Korea's credibility as a shipping nation." Hyundai Merchant Marine now becomes the dominant player in the local shipping industry. It will take on about 200 Hanjin employees and stakes in Hanjin's overseas terminals... and it's aiming to grab 5 percent of the global market share by 2021. It currently holds about 2-point-2 percent of all shipping routes -- falling short of Hanjin's share of about seven percent in cargo from Asia to North America. With more industries set to go through debt workout schemes, experts say the government needs to do more in the initial stages. "We cannot look at different sectors as one. It should depend on the industry outlook and economic principles. We have to consider both the company's financial status and industry factors -- and then decide what's needed." Experts add that as timing is key in corporate restructuring, they say it's important that the next administration sees it as a priority. Kim Min-ji, Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
https://wn.com/Hanjin_Shipping_Declared_Bankrupt
Panic NOW: Global Shipping Chaos- Ghost Ships; Hanjin bankruptcy

Panic NOW: Global Shipping Chaos- Ghost Ships; Hanjin bankruptcy

  • Order:
  • Duration: 41:14
  • Updated: 07 Sep 2016
  • views: 7280
videos
Panic NOW: Global Shipping Chaos- Ghost Ships; Hanjin bankruptcy
https://wn.com/Panic_Now_Global_Shipping_Chaos_Ghost_Ships_Hanjin_Bankruptcy
Bankruptcy Of Major Shipping Company Causes Cargo Crisis

Bankruptcy Of Major Shipping Company Causes Cargo Crisis

  • Order:
  • Duration: 2:05
  • Updated: 05 Sep 2016
  • views: 1552
videos
The bankruptcy of shipping company Hanjin is causing major problems here in Southern California. Cristy Fajardo reports.
https://wn.com/Bankruptcy_Of_Major_Shipping_Company_Causes_Cargo_Crisis
Cargo Chaos At Sea As Hanjin Files For Bankruptcy | CNBC

Cargo Chaos At Sea As Hanjin Files For Bankruptcy | CNBC

  • Order:
  • Duration: 2:13
  • Updated: 09 Sep 2016
  • views: 4588
videos
CNBC's Morgan Brennan reports the latest on the supply chain disruptions caused by the Hanjin bankruptcy. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Cargo Chaos At Sea As Hanjin Files For Bankruptcy | CNBC
https://wn.com/Cargo_Chaos_At_Sea_As_Hanjin_Files_For_Bankruptcy_|_Cnbc
Global Shipping Bankruptcy Crisis

Global Shipping Bankruptcy Crisis

  • Order:
  • Duration: 4:22
  • Updated: 01 Sep 2016
  • views: 1059
videos
Global Shipping Bankruptcy Crisis - 7th largest container shipping Company files for bankruptcy all assets & goods seized. Articles: http://www.mydailyinformer.com/breaking-news-urgent-global-supply-chains-crippled-as-7th-largest-container-shipping-co-on-earth-files-bankruptcy-assets-seized/ also http://www.marketplace.org/2016/08/31/business/shipping-news please share, comment and SUBSCRIBE Thank you.
https://wn.com/Global_Shipping_Bankruptcy_Crisis
What Happens When A Shipping Company Goes Bust | CNBC

What Happens When A Shipping Company Goes Bust | CNBC

  • Order:
  • Duration: 1:55
  • Updated: 16 Sep 2016
  • views: 3840
videos
Here’s the anatomy of a bankruptcy when you’re one of the world’s top ten shipping companies. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC What Happens When A Shipping Company Goes Bust | CNBC
https://wn.com/What_Happens_When_A_Shipping_Company_Goes_Bust_|_Cnbc
Shipping in Crisis!

Shipping in Crisis!

  • Order:
  • Duration: 4:36
  • Updated: 02 Mar 2016
  • views: 2967
videos
Do you remember listening to the shipping forecast on the radio? It was like a foreign language. Today, the language of the global shipping industry is crystal clear – things are grim with a capital G… As you commute to work in the train or the car you probably don’t give much thought to shipping containers. Those big rectangular boxes that you see stacked up in ports and on the deck of massive cargo ships have an important story to tell. They’re the modern day Silk Road. The main means by which global trade and commerce gets delivered. And the story they are telling us today is not pretty. Almost everyone that you’ll hear spouting off about the state of the world’s economy has some sort of agenda. Usually that involves talking up a situation to make you believe that everything’s hunky dory and under control. But there are some raw statistics that we can use to cut through all the hot air and get to some facts that tell us the real story. One such is shipping rates. What people are paying to hire container ships to deliver their goods around the world. Before the financial crisis oil tankers were fetching a hundred thousand dollars a day. Now, they regard ten thousand collars as a good pay day. There are specialist brokers in places like Singapore that negotiate these rates between producers and fleet owners. And their bonuses have not been spectacular for much of the last decade. As with all commodities, the good times in the early part of this millennium led fleet owners to lay down more and more new container ships. Everyone thinks the growth will keep coming forever and invests accordingly. So, just as the financial crisis started to impact world trade eight years ago, scores of new ships came online. The inevitable result? A crash in hire rates and lots of ships moored idle in places like Singapore and Gibraltar. China’s move to a services led economy has exacerbated the problem, while the anaemic growth in Europe is nowhere near enough to take up the slack. The impact on margins can be seen from sector leader Maersk. Its recent numbers showed a fifteen per cent drop in revenue but a massive sixty one per cent decline in profits. The inevitable result? Four thousand job losses from its twenty three thousand strong onshore workforce. Things are no better in the non-container based shipping world. The Baltic Dry index, a benchmark that tracks the cost of shipping bulk raw materials such as coal, steel and iron ore, has tumbled to a near thirty year low. Volatility in the currency markets also impacts shipping, with the Euro falling against the Chinese Yuan during twenty fifteen making imports more expensive. That may reverse this year as the Chinese authorities finally start to allow some devaluation of their currency, but some serious damage has been done since the financial crisis. Another culprit is the oil price crash, heavily impacting countries like Russia that depends on oil exports for much of its income. The German port of Hamburg, famous for its Reeperbahn where the Beatles once had a residency, saw its trade with Russia crash thirty six per cent last year as Russians cut back on imports of German cars and heavy machinery. It’s hard to avoid the conclusion that global trade really is slowing down when you look at any metrics connected with the shipping industry. It’s global. It has no central banks or politicians controlling its data. And it’s in crisis. If you believe what the politicians are saying about everything being under control and nicely on course, be very careful out there!
https://wn.com/Shipping_In_Crisis
Bankruptcy of cargo company could create economic ripple

Bankruptcy of cargo company could create economic ripple

  • Order:
  • Duration: 2:28
  • Updated: 08 Sep 2016
  • views: 1013
videos
Morgan Brennan reports on Hanjin Shipping's bankruptcy and its effect on the global supply chain during peak season ahead of the holidays.
https://wn.com/Bankruptcy_Of_Cargo_Company_Could_Create_Economic_Ripple
45 ships of Hanjin Shipping denied entry or held offshore, causing turmoil to global freight

45 ships of Hanjin Shipping denied entry or held offshore, causing turmoil to global freight

  • Order:
  • Duration: 2:15
  • Updated: 02 Sep 2016
  • views: 9587
videos
한진해운 선박 45척 운항차질… 국제 물류에 혼란 The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether hundreds of tons of goods being carried by the Korean company will reach shelves. Oh Jung-hee reports. Almost half of Hanjin Shipping's fleet has stopped operating,... ...as the company was put under a court-led restructuring scheme on Thursday. 45 ships are denied entry to ports,... or remain anchored,... in seven countries including China, Japan, India, and the U.S.,... as port workers refuse to offload or take aboard cargo in fear of unpaid fees. According to the Korea International Trade Association,... China seized or was to seize 10 Hanjin vessels,... while Singapore already has seized one early this week. The ships were denied passage through the Suez Canal as well. Cargo moving from Asia to the U.S. and Europe,... and vice versa,... are stranded in Asia waiting to be loaded. As such, a shockwave in the global supply chain seems inevitable,... as Hanjin Shipping represented nearly 8 percent of trans-Pacific trade volume for the U.S. The U.S. National Retail Federation, the world's largest retail trade association, urged the U.S. government to cooperate with the Korean government to prevent further disruptions in the market. The association described Hanjin's bankruptcy as having "a ripple effect throughout the global supply chain," ... and expressed concern that "there are millions of dollars' worth of merchandise that needs to be on store shelves that could be impacted by this." Korea's exports to the U.S. have been affected as well,.. as almost 46-percent of Samsung Electronics' exports,... 24-percent of LG Electronics',... and 58-percent of HP's exports were handled by Hanjin Shipping. To prevent further disruptions,... Korea's second largest shipping firm, Hyundai Merchant Maritime Company, has deployed 13 ships heading to Los Angeles and Europe. Other shipping lines are also moving to take over some of Hanjin's traffic,... but that won't stop shipping prices from rising,... as vessels are already operating at full capacity due to high seasonal demand. Oh Jung-hee, Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
https://wn.com/45_Ships_Of_Hanjin_Shipping_Denied_Entry_Or_Held_Offshore,_Causing_Turmoil_To_Global_Freight
Hanjin shipments in troubled waters after company’s collapse

Hanjin shipments in troubled waters after company’s collapse

  • Order:
  • Duration: 2:09
  • Updated: 08 Sep 2016
  • views: 3827
videos
The collapse of the world's seventh largest container carrier, Hanjin, sent shockwaves across global supply chains. The troubled South Korean shipping company, however, has been granted temporary bankruptcy protection from creditors by a US judge. But international port authorities are refusing to unload many of its ships, fearing they will be stuck with the bill. Al Jazeera’s Kimberly Halkett reports from Baltimore. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
https://wn.com/Hanjin_Shipments_In_Troubled_Waters_After_Company’S_Collapse
Iran sanctions behind UK shipping lines bankruptcy - Press TV News

Iran sanctions behind UK shipping lines bankruptcy - Press TV News

  • Order:
  • Duration: 2:53
  • Updated: 13 Jun 2011
  • views: 215
videos
Automatically uploaded video [VIDEO] Iran sanctions behind UK shipping lines bankruptcy Mon, 13 Jun 2011 19:07:02 Url: "http://presstvmobile.com/blog/?p=14785" #presstv #presstvandroid #presstviphone #presstvglobalnews #presstvmobile
https://wn.com/Iran_Sanctions_Behind_UK_Shipping_Lines_Bankruptcy_Press_Tv_News
Ship company bankruptcy could affect holiday shopping

Ship company bankruptcy could affect holiday shopping

  • Order:
  • Duration: 1:46
  • Updated: 11 Sep 2016
  • views: 1031
videos
For nearly two weeks, dozens of cargo ships belonging to Hanjin Shipping have been stuck at sea after the South Korean company filed for bankruptcy. A judge's ruling has cleared the way for some of those ships to unload, but the bankruptcy could lead to problems come holiday season. Mireya Villarreal has more.
https://wn.com/Ship_Company_Bankruptcy_Could_Affect_Holiday_Shopping
Halloween Sells on EBAY!! & Inside Toys R Us POST bankruptcy

Halloween Sells on EBAY!! & Inside Toys R Us POST bankruptcy

  • Order:
  • Duration: 12:14
  • Updated: 23 Sep 2017
  • views: 3541
videos
Thanks for checking out my channel. Make sure to subscribe!! Ebay/Amazon Equipment Photo Lighting Kit- http://amzn.to/2mEdSQq Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Photo Background- http://amzn.to/2xCBnBD Shipping Tape Gun- http://amzn.to/2s7rc6f Poly Mailers - http://amzn.to/2iVae2t Bubble Mailers - http://amzn.to/2iVcUgt Thermal Printer- http://amzn.to/2mqkhST Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Video Game Cleaner- http://amzn.to/2jD08Iy Youtube Equipment: Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter- http://amzn.to/2tKN6NU Logitech Webcam - http://amzn.to/2iZcLc7 Canon G7X II Vlog Camera- http://amzn.to/2ujOgwH Memory Card- http://amzn.to/2xBPDdD Flexi Tripod- http://amzn.to/2xBmuiL Back Up battery canon G7X- http://amzn.to/2wQ1cPG MacBook Pro- http://amzn.to/2xCaUEn (Disclosure, these are amazon affiliate links & I do get paid a small commission if you purchase using them) My EBAY STORE- https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338069183&mpre=http%3A%2F%2Fstores.ebay.com%2FTheElectronixZone1 For 1 on 1 coaching Pricing & Availability Email me: Rockstarflipper @Gmail.com JOIN THE FACEBOOK RESELLER GROUP- (questions answered 24/7 from members) https://www.facebook.com/groups/689595301181796/ FOLLOW ME ON SOCIAL MEDIA: Facebook.com/Rockstarflipper Instagram.com/Rockstarflipper Twitter.com/Rockstarflipper
https://wn.com/Halloween_Sells_On_Ebay_Inside_Toys_R_US_Post_Bankruptcy
Brazilian tycoon's oil firm files for bankruptcy

Brazilian tycoon's oil firm files for bankruptcy

  • Order:
  • Duration: 4:44
  • Updated: 01 Nov 2013
  • views: 2744
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Eike Batista was one of the world's richest men with a multi-billion dollar empire that included oil, mining, power and shipping, but his oil firm just filed for bankruptcy protection. Anthony Mason reports.
https://wn.com/Brazilian_Tycoon's_Oil_Firm_Files_For_Bankruptcy
RIP Vaping in Canada? Popular E-juice Co. Files Bankruptcy, Vape Giveaway and More | The ReCap

RIP Vaping in Canada? Popular E-juice Co. Files Bankruptcy, Vape Giveaway and More | The ReCap

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  • Duration: 3:16
  • Updated: 15 Oct 2017
  • views: 679
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Question: Would you ever buy e-liquid at your local gas station? Is this a good way to make e-liquid more accessible? This week's ReCap: Is this it for Vaping in Canada? A popular e-juice company went bankrupt this past week, and we tackle the most asked question in our industry: Is Vaping Safe? Plus, THIS WEEK'S GIVEAWAY IS AWESOME!! All this and more in our weekly ReCap! ARTICLES MENTIONED ► Anti-Vaping Bill in Canada | http://vaping360.com/health-canada-vaping-regulations/ ► Is Vaping Safe? | http://vaping360.com/is-vaping-safe/ ► Joyetech​ Exceed D19 Preview | http://vaping360.com/joyetech-exceed-d19-kit/ ► Johnson Creek files for Bankruptcy | http://vaping360.com/johnson-creek-vapor-closes/ ► Space Jam Juice​ expands in C-stores | http://vaping360.com/space-jam-cstore-sales/ ► THIS WEEK'S GIVEAWAY | http://vaping360.com/vape-giveaways/ Bonus Question: Do you like this new format more for our weekly recaps? How can we improve? Follow us on Social media: ►Facebook: https://www.facebook.com/Vaping360 ►Twitter: https://twitter.com/vaping360 ►Instagram: https://www.instagram.com/vaping360 ►Google+: https://plus.google.com/+vaping360 ►Flickr: http://www.flickr.com/photos/vaping360
https://wn.com/Rip_Vaping_In_Canada_Popular_E_Juice_Co._Files_Bankruptcy,_Vape_Giveaway_And_More_|_The_Recap
U.S. court approves temporary bankruptcy protection for Hanjin Shipping

U.S. court approves temporary bankruptcy protection for Hanjin Shipping

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  • Duration: 0:52
  • Updated: 07 Sep 2016
  • views: 662
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美 법원, 한진해운 파산보호 신청 임시 승인 A court in the United States has granted temporary bankruptcy protection for Korea's Hanjin Shipping. The order, issued by the U.S. Bankruptcy Court in Newark, New Jersey,... comes four days after the shipping giant filed the application. The move will prevent U.S. creditors from taking legal action against Hanjin's ships and other assets, while the company undergoes restructuring in Korea. Hanjin's representatives will have to return to court on Friday to discuss unresolved logistical issues with company stakeholders. Hundreds of retailers are still awaiting shipments for the upcoming holiday season. On Tuesday, Hanjin Group announced plans to inject over 91 million U.S. dollars into its cash-strapped shipping arm. Korea's trade-ministry also launched a special task force to resolve possible knock-on effects on the broader economy. VisitArirang NewsOfficial Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
https://wn.com/U.S._Court_Approves_Temporary_Bankruptcy_Protection_For_Hanjin_Shipping
Biggest Bankruptcy Bets for 2017

Biggest Bankruptcy Bets for 2017

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  • Duration: 3:37
  • Updated: 17 Oct 2016
  • views: 1097
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The stabilization of energy prices in 2016 stemmed a potential wave of oil patch bankruptcies. That pause could end in 2017 as steep debt loads may prove too much for some suppliers, said Ted Gavin, managing partner of Gavin/Solmonese. "I think the data shows that the prolonged drop in oil prices has led companies seeking to hold on through the trough to use debt to replace what used to be income," said Gavin. "Rather than curtailing operations, companies are going deeper in debt waiting for pricing to return to a level more likely to provide for breakeven or better operations," said Gavin. "Like all businesses, increases in debt in the oil business has a short lifespan before the company faces failure - and here we are." Gavin said the shipping industry is not going to be totally undone by the Hanjin bankruptcy, which many are calling the "Lehman of the shipping world". In his view, there is no lack of capacity in shipping and all the other shippers are going to be getting a little bit healthier by Hanjin's demise. "It may result in slightly higher goods pricing, but the significance of a broader impact of Hanjin is being overblown," said Gavin. As for the retail sector, Gavin said the bankruptcies at Sports Authority, Aeropostale and Golfsmith will have a major impact on commercial real estate due to shrinking tenants of this size and scale. Moreover, he said retailers like Sears are at high risk of default due to declining mall traffic, competition from online and other types of retailers, and a lack of a compelling product line. Finally, Gavin said for-profit colleges and universities could soon be a thing of the past as federal regulators have begun zeroing in on the industry's habit of exploiting students. The last example of this is ITT Educational Services , which recently filed for bankruptcy after losing access to federally backed student loans. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://facebook.com/TheStreet Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet Follow TheStreet on Google+: http://plus.google.com/+TheStreet
https://wn.com/Biggest_Bankruptcy_Bets_For_2017
Hanjin Shipping files for bankruptcy protection in U.S.: Wall Street Journal

Hanjin Shipping files for bankruptcy protection in U.S.: Wall Street Journal

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  • Duration: 0:55
  • Updated: 05 Sep 2016
  • views: 851
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한진해운, 미국 법원에 파산보호 신청 Korea's largest shipping company, Hanjin Shipping, has reportedly applied for bankruptcy protection in the United States. The Wall Street Journal says the application was lodged last Friday, just two days after the company applied for protection in Korean courts. The filing will prevent creditors from seizing Hanjin's U.S. assets and block them from launching further legal action, while the company undergoes restructuring in Korea. The report says the U.S. bankruptcy filing was made by Suk Tai-soo, Hanjin's inside director and foreign representative. The company currently operates over 60 regular lines world-wide, with 140 container or bulk vessels. The Wall Street Journal says Hanjin's bankruptcy will be regarded as "the largest container-shipping failure in history" dwarfing all previous carrier bankruptcies. VisitArirang NewsOfficial Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
https://wn.com/Hanjin_Shipping_Files_For_Bankruptcy_Protection_In_U.S._Wall_Street_Journal
Shipping Company Bankruptcy Strands Products Worldwide

Shipping Company Bankruptcy Strands Products Worldwide

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  • Duration: 1:02
  • Updated: 07 Sep 2016
  • views: 156
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Shipping company Hanjin has filed for bankruptcy, leaving hundreds of millions of dollars worth of products stranded at sea
https://wn.com/Shipping_Company_Bankruptcy_Strands_Products_Worldwide
Bankruptcy Auction! Major Retail Shipping Company Fleet

Bankruptcy Auction! Major Retail Shipping Company Fleet

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  • Duration: 0:23
  • Updated: 08 Jul 2016
  • views: 10895
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Auction Ends 7/28/2016 starting at 4PM EST. See Terms & Conditions. Bankruptcy Auction! Major Retail Shipping Company Fleet consisting of over 100 Sleepers, Day Cabs, Trailers, Straight Trucks, Vans and more. Late models from Freightliner, Peterbilt, Volvo, Hino, Isuzu, Ford, Vanguard, Great Dane, Wabash. Also other related logistics equipment. In Re: United States Bankruptcy Court for the District of New Jersey Chapter 11 Case Nos. 16-10615 and 16-10616 EZ Mailing Services, Inc. and United Business Freight Forwarders Limited Liability Company. Offer Subject to Change Without Notice. Subject to Bankruptcy Court Approval.
https://wn.com/Bankruptcy_Auction_Major_Retail_Shipping_Company_Fleet
Rough seas for global shipping | The Economist

Rough seas for global shipping | The Economist

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  • Duration: 1:23
  • Updated: 05 Dec 2016
  • views: 7386
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When the shipping firm Hanjin went bust in September, $14bn worth of goods were stranded at sea. Discover how the shipping industry has faced strong headwinds since the financial crisis of 2008. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 The global shipping industry has been weathering rough seas for years. It is responsible for 90% of the world's traded goods but a price war over freight rates has hit the industry hard. The industry has suffered from an over supply of ships and stuttering commodity prices, sending a container from Shanghai to Europe costs half what it did two years ago. In late 2016, one of the world's biggest shipping companies, Hanjin, went bust. 66 ships loaded with $14.5 billion of goods, were left stranded at sea. One of the biggest costs is from hauling empty containers. In a bid to stay afloat shippers have begun to pool resources. In 2015 Maersk and MSC launched 2M, a partnership to share space on their vessels. Others might consider following suit. Of the 12 biggest companies that have published results for the last quarter, 11 announced huge losses. Daily Watch: mind-stretching short films every day of the working week. For more from Economist Films visit: http://films.economist.com/ Check out The Economist’s full video catalogue: http://econ.st/20IehQk Like The Economist on Facebook: https://www.facebook.com/TheEconomist/ Follow The Economist on Twitter: https://twitter.com/theeconomist Follow us on Instagram: https://www.instagram.com/theeconomist/ Follow us on LINE: http://econ.st/1WXkOo6 Follow us on Medium: https://medium.com/@the_economist
https://wn.com/Rough_Seas_For_Global_Shipping_|_The_Economist
Top 10 Stories of 2016 - Universal Shipping News

Top 10 Stories of 2016 - Universal Shipping News

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  • Duration: 3:01
  • Updated: 04 Jan 2017
  • views: 467
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MORE: http://www.universalcargo.com/top-10-international-shipping-stories-of-2016/ TRANSCRIPT: Welcome to Universal Shipping News. I'm Jared Vineyard. 2016 is over, but some of the things that happened will have a lasting effect. Let's look back on the year by counting down the top 10 international shipping news stories of the year. #10 – RECORD LOW FREIGHT RATES Bad news for carriers, but great news for shippers. Or was it? #9 – CHINA LIFTING BAN ON U.S. BEEF IMPORTS China no longer having a beef with U.S. beef is huge news for agricultural exporters. #8 – MOL, NYK, AND K LINE PLAN MERGER This is something like Japan’s shipping industry’s version of the Holy Trinity. #7 – EL FARO’S BLACK BOX FOUND The finding of the El Faro’s black box is a chance at unraveling just what happened in the greatest international shipping tragedy involving a U.S. ship in decades. #6 – NEW VERIFIED GROSS MASS RULE Panic and controversy spread as the new VGM rule was about to go into effect. But was it mainly much ado about nothing? #5 – CHINA COSCO SHIPPING FORMED China’s two big shipping companies merged to form a shipping leviathan that would shake up carrier alliances. #4 – PANAMA CANAL EXPANSION COMPLETED Finally. Finally, finally, finally, the Panama Canal expansion was completed 2016. #3 – 3 CARRIER ALLIANCES TO RULE SHIPPING Carriers have organized into three big alliances set to rule international shipping. #2 – MAERSK GOES AFTER COMPETITION Maersk split into two divisions with the shipping division looking to acquire competing shipping companies. #1 – HANJIN BANKRUPTCY Could there possibly be a bigger international shipping story in 2016 than a major carrier suddenly, and not so suddenly really, going bankrupt? That’s the list. Read about all these stories on UniversalCargo.com. What do you think? Did we miss any, get the order wrong? Let us know in the comments. Subscribe and share while you’re at it. And as always, stay in ship shape.
https://wn.com/Top_10_Stories_Of_2016_Universal_Shipping_News
True Religion Files Bankruptcy + Ebay Users Photos Removed

True Religion Files Bankruptcy + Ebay Users Photos Removed

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  • Duration: 7:51
  • Updated: 06 Jul 2017
  • views: 7238
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Photobucket removes ebay amazon etsy photos- https://www.theverge.com/2017/7/4/15919224/photobucket-broken-images-amazon-ebay-etsy-paid-update True Religion Bankrupt- https://www.usatoday.com/story/money/2017/07/05/jeans-maker-true-religion-seeks-revival-chapter-11-bankruptcy/451097001/ Hobby Lobby owner Fined- https://www.usatoday.com/story/money/business/2017/07/05/hobby-lobby-fined-3m-over-smuggled-iraqi-artifacts/103457614/ Thanks for checking out my channel. Make sure to subscribe!! MY EQUIPMENT: Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Shipping Tape Gun- http://amzn.to/2s7rc6f Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Photo Lighting Kit- http://amzn.to/2mEdSQq Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter- http://amzn.to/2tKN6NU Video Game Cleaner- http://amzn.to/2jD08Iy Poly Mailers - http://amzn.to/2iVae2t Bubble Mailers - http://amzn.to/2iVcUgt Logitech Webcam - http://amzn.to/2iZcLc7 Thermal Printer- http://amzn.to/2mqkhST Canon G7X II Vlog Camera- http://amzn.to/2ujOgwH (Disclosure, these are amazon affiliate links & I do get paid a small commission if you purchase using them) My EBAY STORE- https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338069183&mpre=http%3A%2F%2Fstores.ebay.com%2FTheElectronixZone1 For 1 on 1 coaching Pricing & Availability Email me: Rockstarflipper @Gmail.com JOIN THE FACEBOOK RESELLER GROUP- (questions answered 24/7 from members) https://www.facebook.com/groups/689595301181796/ FOLLOW ME ON SOCIAL MEDIA: Facebook.com/Rockstarflipper Instagram.com/Rockstarflipper Twitter.com/Rockstarflipper
https://wn.com/True_Religion_Files_Bankruptcy_Ebay_Users_Photos_Removed