[Aju News DB]
South Korea's top financial regulator intensified pressure Monday on the parent group of Hanjin shipping and its ruling family to take aggressive action in resolving a crisis in cargo delivery as financial damage snowballed.
Dozens of ships have been seized or barred from leaving and entering ports around the world since the country's largest container carrier was placed under court receivership last week.
Government data showed that out of 128 ships in service, cargo delivery by 61 container carriers and 18 bulk carriers has been disrupted in the United States, China, Japan, Spain, Canada and other countries. One was seized in Singapore.
Financial damage caused by a delay in exports of South Korean goods was estimated at 3.41 million US dollars, according to the Korea International Trade Association.
"Hanjin Group and major shareholders should take social responsibility and aggressively solve this problem," Yim Jong-yong, chairman of the Financial Services Commission said, adding Hanjin Shipping still is a group subsidiary despite court receivership.
Court receivership came after group chief Cho Yang-ho and his family refused to chip in more money for the restructuring of Hanjin Shipping.
Aju News Lim Chang-won = cwlim34@ajunews.com
reporter
Park Sae-jin
swatchsjp@ajunews.com
