You should read the article, it's exactly about the question you asked. > Hanjin’s bankruptcy—and the abysmal performance of so many lines—is the result of ove

You should read the article, it's exactly about the question you asked. > Hanjin’s bankruptcy—and the abysmal performance of so many lines—is the result of overcapacity in the shipping industry. Since the financial crisis, too many vessels have been built and not enough scrapped, while the growth in global trade has decelerated.