Korea’s Hanjin Shipping has posted anincreased loss of KRW 224.5bn ($218.8m) in the first quarter as it took a bighit from the disposal of elderly vessels.
The deficit compares to KRW 34.7bn in thesame three months of 2013.
The figure for 2014 included a KRW 157.3bn lossfrom selling old ships in a bid to improve its financial structure, it said.
Revenue was down at KRW 2.15
