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Korean court to post Hanjin asset sale notice as early as Friday

The court in South Korea handling Hanjin Shipping's receivership is expected to publish its plans to sell the collapsed carrier's marketing network on Asia-US by as early as Friday in the efforts to raise money in the company.

Photo: PR-foto/Hanjin Shipping

A South Korean court plans to publish a notice in local newspapers as early as Friday, detailing its plan to sell the marketing network of Hanjin Shipping Co.'s Asia-U.S. operations as part of efforts to raise funds for the indebted company. Shares of the container line rose.

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