An infographic released by global logistics firm Tuscor Lloyds shows ailing carrier Hanjin Shipping in numbers, with details of its fleet to its current financial situation.
The carrier is in more than US$5 billion of debt and has recently filed for court receivership, since it is not making enough revenue to survive in a strained global market.
It is the seventh largest carrier in the world and according to Alphaliner, has more than 600,000 TEU of fleet capacity.
PTI previously reported that Maersk could be in line to profit from Hanjin’s collapse, as the consequential spike in freight rates could spark a profit increase of more than US$700 million.