News / Hanjin parent may be liable as port of New York pension fund joins debtor queue

31/01/2017

As debt claims against bankrupt South Korean carrier Hanjin Shipping continue to mount in both the US and South Korea, details of the human cost of the company’s collapse have begun to emerge.

According to documents filed yesterday with the US bankruptcy court in New Jersey, handling the claims, the shipping line has a further liability of some $30.6m of pension funds due to retired dockworkers in the port of New York and New Jersey.

Hanjin has to date refused to supply details ...