Cargo from bankrupt Hanjin ship moving in U.S., new funds pledged
SAN FRANCISCO/SEOUL (Reuters) - A portion of the $14 billion in cargo trapped at sea by the bankruptcy of Hajin Shipping Co Ltd began moving out of a California port on Monday as shareholders and executives of the South Korean firm pledged funds to help resolve the turmoil created by its collapse. The Hanjin Greece, one of roughly a dozen of the company's ships destined for the U.S. West Coast, docked in Long Beach on Saturday after a U.S. bankruptcy court granted it protection and terminal oper
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