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Samsung Says $38 Million of Goods On Board Two Hanjin Vessels

Samsung Electronics Co., the world’s biggest smartphone maker, said about $38 million of its goods and parts were on board two vessels operated by the distressed Hanjin Shipping Co., which applied for bankruptcy protection last week. Supporting Hanjin’s Chapter 15 U.S. Bankruptcy Court petition, Samsung said in a court filing Tuesday that without an order protecting the shipping line against creditors, the vessels won’t ...

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