South Korean court is considering sale of Hanjin Shipping

The district court in Seoul is considering a sale of the entire container carrier Hanjin Shipping, after its collapse in late August which sent the container industry into turmoil, says a judge from the court.
Photo: Reed Saxon/AP/POLFOTO
Photo: Reed Saxon/AP/POLFOTO
BY KYUNGHEE PARK, BLOOMBERG

The South Korean court overseeing Hanjin Shipping's receivership is considering a sale process for the entire container line, a month after the debt-laden company's filing roiled supply chains worldwide.

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