9.16.2016

Nice Hanjin update from Bloomberg with hard numbers regarding number of vessels and cargo value. It includes this provocative quote by Gerry Wang, CEO of Seaspan, a container-ship leasing company.
“The fallout of Hanjin Shipping is like Lehman Brothers to the financial markets,” Wang said. “It’s a huge, huge nuclear bomb. It shakes up the supply chain, the cornerstone of globalization.”
So, there's at least one vote for profound network effects.
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