The demise of Hanjin Shipping was the defining factor in the development of shipping rates in the third quarter. Container rates for all routes out of China increased 7% in September and 15% in the third quarter. China-to-Europe rates led with a 28% rise in the quarter, while intra-Asia routes rose 3% to 6% as new routes were made available. Bunker fuel prices increased 10% in the quarter as a result of higher oil prices. The Baltic Dry rate increased 21.5% in September on higher commodity prices and reduced capacity from Hanjin Shipping. With a resolution to Hanjin’s finances due Dec...