Dear Valued Customer,It has been reported that the Hanjin Group will supplement Hanjin Shipping with $90.7 million to offload containers that have been stranded worldwide from Hanjin Shipping vessels.More than half of the Hanjin Shipping vessel fleet are currently off from the intended schedules when vessel location is compared to normal shipping schedule.Multiple ports in the U.S. are following different operating protocols for discharging import Hanjin loads and the return of empty equipment.It is reported that terminal operators in LA and Long Beach are unloading containers from vessels while requiring terminal handling fees to be paid upfront.Hanjin Shipping filed forbankruptcy protection, under chapter 15, in U.S. Bankruptcy Court in Newark, N.J., on Friday, September 2. If the bankruptcy is granted, it will shield the company from liens on its assets and arrests of its ships in the U.S.On September 6, the U.S. Bankruptcy Court agreed to temporarily prevent creditors in the U.S. from seizing Hanjin assets.Please contact your local V. Alexander team with any questions or concerns.