Bankrupt Hanjin Shipping Unloading Cargo At Calif. Port
Law360, Los Angeles (September 12, 2016, 10:34 PM EDT) -- Days after a New Jersey bankruptcy judge granted Hanjin Shipping Co. Ltd. extended protections against its U.S. creditors, the South Korean container carrier docked at a California port and unloaded cargo, with another vessel off coast waiting to follow, a port official confirmed.
The Hanjin Greece pulled up to the Southern California Port of Long Beach on Saturday and finished unloading its freight on Monday, according to a port spokesperson, who added that another cargo ship, the Hanjin Gdynia, is waiting offshore to come in next.
On Tuesday, U.S. Bankruptcy Judge John K. Sherwood signed off on a provisional order granting...
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