Hanjin reduces fleet by returning chartered ships to owners
Collapsed South Korean container carrier Hanjin Shipping is scaling down its fleet by returning some of its chartered vessels to their owners, including container ships as well as bulkers. The carrier plans to return 13 more container ships.
BY KYUNGHEE PARK, BLOOMBERG
Hanjin Shipping Co., the South Korean container line that sought bankruptcy protection last month, is cutting its fleet by returning some chartered vessels to their owners as it struggles for survival.
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