Creditors Unlikely to Extend New Financing to Hanjin Shipping
SEOUL, Sept. 8 (Korea Bizwire) – Creditors of cash-strapped Hanjin Shipping Co. are unlikely to provide fresh financial aid to the ailing shipper currently under court receivership, industry sources said Thursday, further worsening the outlook for its already crippled cargo shipment. According to the sources, the state-run Korea Development Bank, the main creditor for Hanjin, [...]