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Industry News

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Around 95 percent of container ships owned by financially-troubled shipping company from South Korea, Hanjin Shipping, have completed cargo unloading until now, Yonhap News Agency cited the country’s government.

Five of the company’s vessels are still seized as they have not paid service fees.

South Korean Ministry of Oceans and Fisheries said that 94 out of the carrier’s 97 boxships have completed cargo unloading. This represents 378,000 TEUs of a cargo total of 396,000 TEUs.

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