Cosco bought Hanjin

I thought this was an interesting article on Hanjin :

http://www.americanshipper.com/main...cy-was-the-largest-for-container-s-66388.aspx

 

Yea Haijin was persona non grata at shipyards, there were about a hundred and change of their ships filled and empty rotting off shore for weeks or months becuase the company was kaput.

If Costco bought em then they are moving up in the world.

It was interesting to me because I buy small hobby stuff now and then and some of it was embargoed inside Haijin boxes off shore on salt water probably to this day. Im not sure if I want to spend the money now considering it's effects on the computers inside these things.

 

Is lot 16 the one on the left before you reach the main gate on the west side of the street?

 

Sounds like there is going to be a rash of electronics failures

 

I don't know. Those marine containers are pretty air tight. Not too much salt air will get to that product. It's also the fear of the burning sun if the box sits on the top of the stack. Among other things.

Model railroading have engines that are driven by computer and the tolerances plus standards that are put into them things are pretty light against corrosion and abuse. I did not purchase much all of 2016 and already looking at spring 2017 before making any more purchasing to try and clear out the embargoed inventory from the email notices sent by the various makers who are also waiting on the product to do the pre-orders.

 

http://www.reuters.com/article/us-hanjin-shipping-m-a-cosco-shipping-idUSKCN11Y1H3

https://www.yahoo.com/news/chinas-c...njin-shippings-120059921--finance.html?ref=gs

http://www.joc.com/maritime-news/container-lines/hanjin-shipping

 

Tax purposes?