DP World to Address Hanjin Disruption
Dubai ports operator DP World is working with customers to minimise disruption following the collapse of Hanjin Shipping, reports National.
About ten ships operated by the Korean company are currently in Dubai’s Jebel Ali Port according to Hanjin data. Two other ships have arrived in Abu Dhabi’s Khalifa Port Container Terminal.
"While we don’t publish data on client receivables, following Hanjin Shipping’s decision to file for court protection, we have been working with our customers and partners to minimise impact on world trade," The National quoted a DP World spokesman as saying.
The filing for receivership is still at an early stage and DP World notes that the exact form of the proposed restructuring plan is still unknown.
"We recognise the importance of our role as global trade enabler to the supply chain, so while protecting our interests, our main focus is limiting any disruption to service for our customers to continue the smooth flow of goods across our global network," he added.