Hanjin Shipping reported a net loss of 47.3 billion South Korean won (about US$43.3 million), compared with a net loss of $1.1 million in the previous quarter and a net loss of $78.7 million in the same quarter in 2011.

In the first nine months of 2012, the company posted a net loss of $354.4 million, compared with last year’s net loss of $458.5 million from January to September.