Bankrupt Hanjin seeks action to protect stranded ships
Hanjin Shipping will seek legal action in 43 nations to protect its vessels from being seized, South Korea's financial regulator said in a statement on Monday. Of these, applications in 10 countries will be made this week, it added. Vessels of Hanjin, world’s seventh-largest container carrier, are getting stranded at sea and ports after it earlier filed for bankruptcy protection.