Hanjin Shipping, South Korea’s biggest and the world’s ninth largest container liners, have posted its 2011 results with a net loss of KRW823.9 billion (US$731 million), an operating loss of KRW492.6 billion due to high fuel costs and decline in freight rates. Its full-year 2011 container volumes rose 12.4 per cent year on year, but the total sales were down 1.1 per cent to KRW9.52 trillion. This reflects that the…