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Hanjin's vessels can now sail freely to the US

South Korean container carrier Hanjin has now succeeded in its efforts to secure vessels from detainment in the US, in spite of the fact that Hanjin has entered into receivership, writes Bloomberg.

Photo: PR-foto/Hanjin Shipping

Crisis-stricken South Korean carrier Hanjin, which is currently on the brink of bankruptcy, has received a helping hand in the legal sense from US authorities, which have temporarily barred creditors from touching the company's assets in the US, according to Bloomberg News.

The decision from the US authorities impacts companies such as electronics manufacturer Samsung which is affected by the problems at Hanjin. The company has goods including refrigerators, washing machines, and dishwashers worth about USD 38 million on two vessels off California.

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