Hanjin, a container carrier, declared bankruptcy, leaving fully loaded container ships stranded at sea. These ships are carrying $14 billion worth of merchandise, $38 million of which is Samsung merchandise, mostly TVs and other electronics.
While one ship has been allowed to offload in Los Angeles, most of the other ships are simply anchored offshore, running out of food, water, and fuel, uncertain as to whom will pay docking and unloading fees if they do dock.
Even if your camera isn't on one of these unfortunate ships, Maersk is saying that there is going to be a shipping rate spike in the immediate short term. Which means that your cheapo Chinese camera just got a little less cheapo.
