This catastrophic bankruptcy is rippling its way around the world and likely to affect items on Santa's Christmas list. With cargo stuck in ports, on international waters, and who knows where else, the retailers need to start thinking about plan B now so they are not caught out with a lack of stock at their busiest time of year.
* $14 billion – the estimated value of cargo tied up globally as Hanjin ships idle outside ports that won’t let them in. * 400,000 – the estimated number of containers stranded on Hanjin ships. * 8,300 – estimated number of cargo owners involved. * $38 million – the value of goods, mostly TVs and appliances, that Samsung Electronics alone has said it has stuck aboard two Hanjin ships. * $1,700 – the average cost to move goods in 40-ft containers from the U.S. West Coast to Asia – up from $788 in May. * 7.8% – of the trans-Pacific trade volume for the U.S. market carried by Hanjin. * 141 – the number of ships Hanjin has (97 container ships, 44 bulk carriers). * $5.5 billion – Hanjin’s debts (6.1 trillion won) as of end-June.