let's break down the somewhat confusing ownership structure at play here
Hanjin operates partly with its own ship and partly with vessels it leases from others So some of the vessels stuck at sea are owned by other companies who now can't get them back and on top of that have to assume they won't get for leasing them in the first place
The containers on board the ship are also not all Hanjin's own As the company is part of an alliance with five other cargo firms there will be a mix of containers on each vessel-some belonging to Hanjin the rest to the other
and lastly there are the firms who own the content of the containers for instance an asian electronics firm sending its goods to the us market
Hanjin's bankruptcy is the largest ever to hit the shipping industry now no precedent of comparable scale