Hanjin Heavy Industries & Construction Co., the Korean shipyard with the most outstanding orders from CMA CGM, tumbled for a second day in Seoul trading after the French shipping line said it may cancel new vessels. The shipbuilder slumped 6.5 percent to 22,150 won after dropping 11 percent yesterday. … CMA CGM, the world’s No. 3 container line, this week said it would try to renegotiate orders as it began talks with creditor to avoid collapse. The line has orders for 37 vessels at Korean yards, including 15 at Hanjin Heavy and its Philippine unit, Nomura Holdings Inc. said, citing Clarkson Plc data.
