Help for Hanjin while Maersk splits business

ReutersNewsPublished: September 22, 20163 views
Published: September 22, 2016

The largest shareholder of Hanjin Shipping has agreed to lend 60 billion won ($53.96 million) to help unload cargo that has been stranded since the world's seventh-largest container carrier collapsed late last month. As Laura Frykberg reports, the news came as Denmark's Moller-Maersk - the world's biggest container shipping business - announced it will split into separate divisions as low freight and oil prices take their toll.

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