Comment on Shipping giant Hanjin, majority owner of biggest Long Beach terminal, files for bankruptcy protection

Shipping giant Hanjin, majority owner of biggest Long Beach terminal, files for bankruptcy protection

Hanjin Shipping Co., one of the world’s largest shipping lines, filed for court receivership in South Korea on Wednesday. The South Korean company, which has a majority stake in the Port of Long Beach’s largest terminal, made the filing with the Seoul Central District Court after its banks withdrew...

 

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