CSMS# 16-000814 - Updated: Guidance on Vessel Diversions for Hanjin Shipping Lines Cargo

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09/13/2016 02:33 PM EDT

Trade Policy Updates

Hanjin Shipping Co., one of the world’s largest shipping lines, filed for court receivership in South Korea on Wednesday. The South Korean company made the filing with the Seoul Central District Court after its banks withdrew their backing, viewing a plan to tackle Hanjin’s debt as insufficient. In anticipation of possible disruptions due to Hanjin Shipping vessels or cargo arriving to U.S. ports, CBP is providing the attached and updated processing scenarios to help trade and CBP identify procedures to follow to prevent disruptions.




Related CSMS No. 16-000788


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