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China's COSCO Shipping may buy Hanjin Shipping's port assets

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Staff Writer | September 28, 2016
China's COSCO Shipping may consider buying the port assets of troubled South Korean firm Hanjin Shipping, Chinese online finance magazine Caixin reported.
Hanjin Shipping
Shipping   Caixin reported:
But COSCO Shipping has no plans to buy the world's seventh-largest container carrier's ships, Caixin cited the Chinese firm's Chairman Xu Lirong as saying.

Hanjin Shipping collapsed last month. Earlier on Wednesday, a South Korean court said it has not yet decided whether a sale of the company is necessary.