The impact on the global shipping industry caused by the application of the bankruptcy of the HANJIN shipping industry is fading. Currently there are nearly 1/3 of the Korean ship has begun to discharge, at the same time, the container transport market price increases also come to an end, COSCO Shipping companies such as the price of shipping companies failed to end.

South Korea's largest shipping companies in Korea into the 31 in August to Seoul, South Korea, the central district court to submit applications for bankruptcy protection. Because the ship Hanjin all over the world and to cooperate with the port shipping company is numerous, the bankruptcy event triggered a global freight industry chaos, a large number of traders can only find new shipping companies to shipping their goods.

Market analysts were generally believed that the Korean bankruptcy incident led to the container transport market temporarily tight capacity, market prices will rise.

Transaction records of the new financial reporter obtained show that Korea into bankruptcy, a container from Chinese shipped to the United States in the western port of about $695, Hanjin filed for bankruptcy, the freight rate in September 2nd jumped to $949, or nearly 40%. The price has been maintained since the operation.

The Shanghai export container freight index (SCFI), which was compiled by the Shanghai shipping exchange, rose 28% to 763.06 in September 2nd, after which it remained at this level.

Take this opportunity, COSCO Shipping on the date of the filing of the application for bankruptcy protection of the major freight forwarding, the existing freight only to maintain the September 14th. The implication is scheduled to begin from September 15th rate hike. Taiwan EVA, Japan Kawasaki Kisen shipping company also developed their own price plan.

However, Hanjin bankruptcy events leading to the cargo market price only lasted just a week came to an end. Shanghai port number forwarding responsible person told the reporter that COSCO has announced to them that, after September 15th will not raise tariffs, will maintain the existing price unchanged. At the same time, other shipping companies have not implemented the price plan.

According to the report, Hanjin is selling its subordinate ship to repay the loan, has sold 3 ships, is expected in the next few weeks will also have 37 ships will be sold.