Hanjin lawyer: We are being held hostage

Creditors' attempts in the US to reverse a ruling that enables Hanjin Shipping to unload containers from its vessels have failed again. But a lawyer representing Hanjin says that the carrier is currently being held hostage in a dispute concerning payments.

Photo: Mark Lennihan/AP/Polfoto/Arkiv

A court in New Jersey has, according to the Wall Street Journal, rejected an appeal from creditors to collapsed carrier Hanjin Shipping to reverse a ruling issued on Friday last week which blocks creditors in the US from seizing the carrier's vessels in US ports.

According to judge John Sherwood of the insolvency court in Newark, New Jersey deems the need to empty the vessels more important than the US bankruptcy rules.

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