World’s 7th Largest Shipper Hanjin Shipping Co Runs Out of Steam

South Korean shipping giant Hanjin appears to be moving closer towards receivership after Korea Development Bank says it and other creditor banks have decided to halt their financial support. Hanjin is the world’s 7th largest shipper.

South Korean shipping giant Hanjin appears to be moving closer towards receivership after Korea Development Bank says it and other creditor banks have decided to halt their financial support. Hanjin is the world’s 7th largest shipper.

 

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