HANJIN REACHES OUT TO EUROPE SHIPPING GIANTS TO SELL SHIPS

HANJIN REACHES OUT TO EUROPE SHIPPING GIANTS TO SELL SHIPS

Debt-ridden Hanjin Shipping will reach out to major European shipping companies as early as this week to tap interest for at least five of its vessels as it tries to raise funds to unload stranded cargo, pay off creditors and re-emerge as an Asia regional carrier, people involved in the matter said.

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