SHANGHAI: Three ships chartered to Hanjin Shipping Co Ltd have been sold and two more of vessels are up for sale, ship brokers said, kicking off a fire sale sparked by the failure of the world's seventh largest container shipper.
Around US$14bil of cargo had been tied up globally as ports, tugboat operators and cargo handling firms worried about not being paid refuse to work for Hanjin, which filed for receivership in a Seoul court on Aug 31.
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