Hanjin and Other Jinns Looming Over Global Supply Chains

 

‘There was a young girl from Nic’ragua

who smiled as she rode on a jaguar

they returned from the ride

with the young girl inside

and a smile on the face of the jaguar.’

–  Salman Rushdie, The Jaguar Smile

 

The collapse of South Korean shipping giant Hanjin has triggered furious analyses everywhere of the implications of the event. The biggest question, perhaps, is whether Hanjin is like the young girl from the famous limerick above, riding the jaguar of global trade smoothly until it gets eaten by the temperamental beast.…

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