While the future of the shipping industry is uncertain, Hanjin’s bankruptcy leaves the proposed carrier grouping The Alliance at a size disadvantage to its future rivals – the 2M alliance and the G6 alliance – according to Drewry.
“The container shipping industry is in a state of flux at the moment and nobody can honestly say they know for certain what the landscape will look like in six months from now,” said a spokesperson for the maritime research provider.
The uncertainty over what the industry will look like is less than ideal as shippers prepare tenders for shipping contracts. Drewry have advised shippers to pay more attention to the financial risks when selecting carriers
“No one wants a repeat of the Hanjin situation with billions of dollars’ worth of cargo stranded outside ports and they will want to know in advance which carriers will be sharing ships to avoid those that they consider to be financially risky,” said the spokesperson.
