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Media: Hanjin to shut down European business

The Wall Street Journal reports on Monday that Hanjin Shipping has asked a court in Seoul for permission to shut down all its European offices by as early as this week.

Photo: Reed Saxon/AP/POLFOTO

Hanjin Shipping has requested the Seoul Central District Court, which handles the receivership of the collapsed South Korean shipping conglomerate, for permission to shut down all its 10 European businesses, including its regional headquarters in Germany, a spokeswoman from Hanjin Shipping tells the Wall Street Journal on Monday.

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