World Fuel Services has USD 22 million trapped in Hanjin

Bunker supplier World Fuel Services tops the list as the bunker company with the biggest exposure to collapsed Hanjin Shipping, according to the creditor list, reports Alphaliner.

Photo: Reed Saxon/AP/POLFOTO

US-based World Fuel Services, the world's largest bunker supplier, is owed approximately USD 22 million by Hanjin Shipping. This leaves World Fuel Services as the most exposed bunker supplier to the South Korean Shipping group, which filed for court receivership in late August.

This is evident from the creditor list registered on Oct. 10 by the Seoul Central District Court which is handling Hanjin's bankruptcy. The list has been published by Alphaliner.

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