The Economic Effects of Huge Shipping Company - Hanjin Group’s Bankruptcies: Case Study on Hanjin Shipping Group (South Korea) Bankruptcy

2018

Hanjin’s bankruptcy was an influential event in the last few decades due to its position in the

liner shipping industry as the previous 7th of world top shipping companies. As the

bankruptcy happened, there were many changes in maritime field which gave quite a mount

of effects to different aspects. What are the effects in both short term and long term those

from this bankruptcy? What had happened after this bankruptcy? And what will happen in the

future? In this research, it has developed a qualitative approach to find out the effects from

Hanjin’s bankruptcy in both short term and long term time, and try to give some general

points that for the huge shipping companies’ bankruptcy.

University of South-Eastern Norway