World Fuel Services detains first Hanjin vessel in Korea
After container carrier Hanjin collapsed, Korean waters have so far been a safe haven for the vessels, but now the world's largest bunker company, World Fuel Services, has been granted permission from a local court to detain a ship. Hanjin has appealed the ruling.
BY JOHANNES HARTKOPF-MIKKELSEN
After South Korean carrier Hanjin Shipping entered into court receivership in early September, the carrier's creditors have fought tooth and nail to salvage what is left to salvage. This has led to several ship arrests around the world and contributed to many Hanjin vessels left stranded near major ports, while the carrier awaited protection against ship arrests from the relevant authorities.
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:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Alphaliner: Brutal price war behind record-low earnings
For subscribers
Here is the latest overview of Hanjin's container vessels
For subscribers
