South Korea's government and owner to inject money into Hanjin

Facing the prospects of a logistical nightmare, the South Korean government and Hanjin Group are now both floating the possibility of aiding collapsed container carrier Hanjin with USD 90 million each. But at the moment, the carrier seems to need six times this figure.
Photo: PR-foto/Hanjin Shipping
Photo: PR-foto/Hanjin Shipping
BY JOHANNES HARTKOPF-MIKKELSEN

The South Korean government as well as the owner of collapsed container carrier Hanjin, Hanjin Group, now both float the possibility of providing financial aid to the carrier, reports Bloomberg.

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