(2nd LD) Korea Line picked as preferred bidder for Hanjin's Asia-U.S. route

(ATTN: ADDS Hanjin Shipping's Q3 performance in last 3 paras)

SEOUL, Nov. 14 (Yonhap) -- Mid-sized shipping line Korea Line Corp. has been chosen as the preferred bidder for Hanjin Shipping Co.'s Asia-U.S. route, beating its bigger rival Hyundai Merch