Like the United States and South Korea, Singapore has given Hanjin bankruptcy protection, allowing its vessels to enter the port without fear of arrest. Hanjin has also secured millions in funding to unload its stranded vessels. Hanjin may be sold in its entirety Separately, on Wednesday, the Wall Street Journal and Bloomberg reported that a South Korean bankruptcy court is exploring the sale of Hanjin as a single going concern, rather than liquidating its assets. Speculation on potential buyers has centered on Maersk and Cosco. Maersk recently stated an interest in growing its market share through acquisitions, but both lines have denied that they have any intention of purchasing Hanjin. Maersk Line spokesman Michael Storgaard derided the reports, comparing them to tabloid speculation about a Hollywood star. Hanjin company representatives say that they have not discussed a sale with Maersk, the Wall Street Journal reports.