Hanjin Shipping to Sell Stake in Long Beach Terminal Operation

SEOUL, Oct. 21 (Korea Bizwire) – Cash-strapped Hanjin Shipping Co. is moving to sell its stake in a U.S. affiliate that operates a terminal in the Port of Long Beach, California, as part of efforts to raise cash needed to stay afloat, industry sources said Friday.  According to the sources, Hanjin Shipping is planning to [...]