You are here

Hanjin CEO quits after debt-laden firm suffers losses

Line battling global overcapacity and slump in cargo rates

[SINGAPORE] Hanjin Shipping Co's chief executive officer Kim Young Min resigned, taking responsibility for two successive years of losses at South Korea's largest shipping group and a delay in getting financial support from creditors. Mr Kim, 58, will stay until a replacement is found, the Seoul

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom