Hanjin Group and financial authorities provide financial support to resolve problems that originated from bankrutnya company Hanjin Shipping.
The number of vessels that can not be operated because of lack of funds to release the ship from the ‘confiscation’ by other countries reached 70 units of 97 vessels.
Korean Air’s board and Korea Development Bank-KDB provide funding support for Hanjin respectively 60 billion and 50 billion won.
However, due to delays in funding support to make the total cost of unloading the cargo be swelled by 70 billion won. In addition, the compensation money to pay claims by other countries are expected to exceed 3 trillion won, so there is a possibility that the company Hanjin will disband.
‘Turn’ and ‘Dissolve’ Hanjin Shipping requires careful consideration, due to the closure of shipping companies have great impact on physical distribution channels.