Hanjin Shipping Will be Sold or Not
The South Korean said on Wednesday that a sale of the world's seventh-largest container carrier, which collapsed late last month, is one of many options it is considering if the court concludes the company is to be rehabilitated
According to MANA, Judge Choi Ung-young, who serves as a court spokesman for media inquiries on the case, said a sale is possible in principle if it's deemed the best way to rehabilitate the company, but the court has yet to reach a decision.The spokesman's comment came after Bloomberg reported earlier on Wednesday that the court has decided a sale of Hanjin Shipping is needed