Bulk

Integrity Bulk's ship taken hostage in dispute about misdescribed cargo

A dispute concerning a misdescribed cargo meant that Integrity Bulk had to pay for a ship that was idle in the Philippines for some time. The dry bulk operator now expects to reclaim money from the shipper. The case resulted in a deficit in an otherwise solid 2018/19, says CEO. Corrected.
Martin Egvang stiftede Integrity Bulk i 2014. Tørlastoperatøren har i dag kontorer i fire lande. | Photo: PR / Integrity Bulk
Martin Egvang stiftede Integrity Bulk i 2014. Tørlastoperatøren har i dag kontorer i fire lande. | Photo: PR / Integrity Bulk
by NIKLAS KRIGSLUND

(Corrected 10.02 am, 27.09.2019. In a previous version it was stated that Integrity Bulk was owed money by a shipowner. This has been corrected to money owed by a shipper.)

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs