ShippingWatch

Media: Hanjin asked Maersk Line to buy its US business

The court in Seoul has approved a divestment of Hanjin Shipping's Asia-US network and the bankrupt carrier has encouraged Maersk Line to bid on the assets, according to Korean media.

Photo: Hanjin

Seoul Central District Court, which is handling the receivership of Hanjin Shipping, has now approved the company to move forward with a planned divestment of its Asia-US network, in the efforts to generate cash at the collapsed carrier.

Hanjin has supposedly contacted Maersk Line and invited the Danish container behemoth, the world's largest line carrier, to make an offer on the business, writes Korea Economic Daily this Friday.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs