Currently, more than 80 massive Hanjin container ships are in limbo — either en route or anchored near their destinations, unable to offload their cargo because terminal operators fear Hanjin won’t be able to pay them.
As a result, $14 billion worth of goods are languishing in a maritime limbo. At least eight Hanjin ships have been seized at time of this article. Four vessels parked off Long Beach, California, have been prevented from entering or leaving the port, including one that was taken by U.S. marshals after a fuel supplier filed suit against the freight company.