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HANJIN Shipping Bankruptcy

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HANJIN Shipping Bankruptcy

On 30th August 2016, HANJIN shipping largest creditor Korea Development Bank (Chesapeake Development Bank) announced that due to the parent company HANJIN group restructuring plan of HANJIN shipping the lack of adequate financial support, forcing the creditor Banks lose confidence, end support for Korea’s HANJIN shipping.So, HANJIN shipping entered bankruptcy on September 4th, was over […]
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