Korea Line picked as preferred bidder for key Hanjin service
The court in Seoul has tapped Korea Line as preferred bidder for Hanjin's Asia-US service network, which is being sold off as part of the efforts to raise funds in the collapsed container carrier. Hyundai Merchant Marine looked like the favorite to buy the service.
by DANIEL LOGAN
The Seoul Central District Court on Monday picked South Korean carrier Korea Line Corp. as its preferred bidder for Hanjin Shipping's Asia-US service network, reports news agency Yonhap.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Hanjin Shipping poised for mass firings
For subscribers
Media: Hanjin could sell all its vessels this month
For subscribers
