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Tag Archives: A South Korean court presiding over Hanjin Shipping’s receivership

Court Calls for More Hanjin Funding

  A South Korean court presiding over Hanjin Shipping’s receivership has asked the firm’s lead creditor for fresh funds, warning the container shipping company needs financial support this week to normalize operations.The world’s seventh-largest container carrier and its clients are scrambling to move an estimated $14 billion worth of cargo off ships that are no longer operating normally in the ...

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