Hanjin Shipping gets $44.6M from former, current chiefs

September 13, 2016 9:11 AM

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SEOUL, South Korea – South Korea's Hanjin Shipping says it has received $44.6 million from its current and former chiefs to relieve its global cargo crisis.

Hanjin Shipping spokeswoman Min Park said the chairman of Hanjin Shipping, Cho Yang-ho, sent 40 billion won ($35.7 million) from his personal assets on Tuesday. Former Hanjin Shipping chair Choi Eun-young contributed 10 billion won ($8.9 million).

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