Hanjin CEO quits after debt-laden firm suffers losses
Line battling global overcapacity and slump in cargo rates
Tue, Nov 12, 2013 - 6:00 AM
[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,...