Debt much greater than assets in Hanjin's US business

The debt in Hanjin's US business far outweighs the assets of the company. There has not yet been a full overview of Hanjin's US business in detail, writes the Journal of Commerce.

by LOUISE VOGDRUP-SCHMIDT

The US part of collapsed carrier Hanjin may not be as good a buy as previously thought. In any case, liabilities in the company greatly exceed assets, writes the Journal of Commerce.

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