Shipping industry hampered by Hanjin's debt

ReutersNewsPublished: November 16, 2016Updated: November 18, 20162 views
Published: November 16, 2016Updated: November 18, 2016

Once the world's seventh largest container operator, Hanjin Shipping is in the midst of collapse. Just this week, it reported a Q3 operating loss of more than 260 million dollars while working to shut its European operations and let go of hundreds of crew members. U-Jean Jung takes a look at one company's downfall and its impact on an entire country's shipping industry.

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