Hanjin Shipping Co.’s U.S. creditors are fighting the company’s plans to sell its stake in one of the South Korean carrier’s key remaining assets: the port operator that runs the biggest container terminal in Long Beach, Calif.

In court papers filed Friday with the U.S. Bankruptcy Court in Newark, N.J., where Hanjin’s U.S. bankruptcy proceeding is unfolding, creditors who say their rights are being affected by the sale—including…

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WSJ.com: US Business