Trump's tariff plan will cause another massive Asia-US freight rate spike
US presidential hopeful Donald Trump’s promise to impose a 20% tariff on all imports entering ...
Hanjin Shipping has postponed its first meeting with creditors – owed around $26 billion – until 31 March.
The meeting was scheduled to be held at the Seoul Central District Court on Friday.
According to South Korean media reports, quoting court sources, claims registered so far have totalled more than five times the $5bn of debt Hanjin apparently had when it filed for court protection on 31 August last year.
Not all have been verified, and some could be duplications, but Hanjin Shipping is by far the ...
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