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Hanjin Lost in ‘Game of Chicken’, Chairman Says

By Joyce Lee SEOUL, Oct 4 (Reuters) – The collapsed Hanjin Shipping Co Ltd could not compete against global rivals that were supported by their governments, the chairman of its parent firm told a South Korean parliamentary hearing on Tuesday. The world’s seventh-largest container shipper sought court receivership in late August after its creditors led […] The post Hanjin Lost in ‘Game of Chicken’, Chairman Says appeared first on gCaptain.
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