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Hanjin Shipping to Close European Operations

Company to close its 10 business operations in Europe

By

SEOUL—South Korea’s Hanjin Shipping Co. said Monday it will close its European operations, in the latest sign that the troubled company may be heading toward liquidation.

Hanjin, South Korea’s largest shipping company, has so far obtained approval from the Seoul Central District Court to close eight of its 10 business operations in Europe,...

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