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Businesses in Singapore hit as Hanjin Shipping sinks

Businesses in Singapore hit as Hanjin Shipping sinks


With nine containers of goods stranded at sea following the sudden collapse of South Korean behemoth Hanjin Shipping, the recent period has been both chaotic and frustrating for employees at the logistics department of Yong Wen Food Industries.

While most of the company’s stranded goods are non-perishable items, such as canned food, the firm does have two containers carrying 3,600 cartons of fresh milk from Italy. Employees at the Singapore-based food group have thus far received little detail regarding the whereabouts of most of its containers. Daily queries made to Hanjin’s Singapore office have also gone unanswered since the shipping giant filed for court receivership in August.

Yong Wen Food Industries is not the only one in Singapore caught up in the global supply chain mess triggered by the demise of the world’s seventh-largest container line, which has left more than 100 ships and their cargo in limbo at sea.