News
South Korean Bankruptcy Court overseeing the now-defunct Hanjin Shipping's receivership process plans to put the company's Asia-U.S. network up on sale as early as today (Friday) in an effort to raise funds to pay back creditors.
It will involve Hanjin's assets including vessels, its subsidiaries, the transpacific sales network, employees, etc. Auditing company Samil PricewaterhouseCoopers will advise on the sale.