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Ailing Korean Shipper Hanjin Moves to Resolve Cargo Chaos

Moving to unsnarl the chaos in its container cargo after it filed for bankruptcy protection, Hanjin Shipping Co. will seek stay orders in dozens of countries, the Financial Services Commission said Monday. Hanjin, South Korea's largest ocean container shipper, will seek bankruptcy protection in 43 countries, including Canada, Germany and Britain, and the government said it would urge those countries to expedite the process. Hanjin filed for bankruptcy in the U.S. and South Korea...

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