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Tag Archives: a spokesman for the Port of Long Beach.

Hanjin Shipping Declared Bankrupt As Port of Long Beach Recovers

As Hanjin Shipping Co. finally sank Friday, the Port of Long Beach looked to a future without its most important cargo carrier and former lease-holder of its largest terminal. A South Korean court declared Hanjin bankrupt Friday, officially ending the company’s 40-year history in the global shipping trade. A court-appointed caretaker will sell any remaining ships and other assets Hanjin ...

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