If there is one thing the Hanjin bankruptcy made clear to freight forwarding companies and shippers, it is the vital importance of market intelligence and careful selection of international sea freight carriers. Hanjin’s low rates on selected routes made it an attractive proposition on face value, however when the company went to the wall, the resulting damage to some companies’ supply chains made it crystal clear that cheapest is not always best.

Read on to learn what to consider when selecting a sea freight carrier.

Previously we wrote about blank sailings in peak season and around Chinese New Year. One of our visitors now asked us: “What is the difference between blank sailings and cancelled sailings?”