Lloyds List Australia - HANJIN CRISIS (LOCAL): company files for bankruptcy; cargo deliveries could take WEEKS

Thursday, September 1, 2016

Jim Wilson

Hanjin Shipping has filed for bankruptcy, the local branch of the company has confirmed directly with Lloyd's List Australia, saying that an official email had been sent from HQ.

International specialist financial media (Reuters, Bloomberg etc) are also reporting that the company filed for bankruptcy, adding that the filing was made at the Seoul District Court, South Korea, and that trading in Hanjin shares has been suspended on the Korean Stock Exchange, although Lloyd's List Australia has not been able to verify these other details directly.

read more - https://www.lloydslistaustralia.com.au/lla/market-sectors/containers-and-container-shipping/HANJIN-CRISIS-LOCAL-company-files-for-bankruptcy-cargo-deliveries-could-take-WEEKS-535461.html