KOBC shifts funding focus from now stable HMM to intra-Asia operators
South Korea’s state-backed ship finance institution Korea Ocean Business Corp (KOBC) is to provide more ...
Shipper organisations have called for terminals to begin releasing Hanjin containers detained by terminal operators requesting “high lump sum” release fees, following a court decision in Rotterdam.
The European Shippers Council claims it “hamper trade flows between businesses and their global commercial partners”.
It said: “For example, ...
Four crew members still missing as Wan Hai 503 continues to burn
Explosions and 'out-of-control' fire reported on Wan Hai box ship
Predatory rivals circle as the ripples from DSV's Schenker buy widen
MSC Elsa crew face criminal probe, as Wan Hai 503 firefighters battle on
'It's driving us mad', say forwarders as US court fails to end tariff turmoil
Transpacific rates ease as capacity boost proves too much for trades to digest
European port congestion easing – for now
Latest Israeli attack on Iran a threat to box ships in Straits of Hormuz
CMA CGM 'testing the water' of the Suez Canal for more services
Flexport: Sanne Manders talks profitability, fire-sales and Dave Clark
More legal trouble in India for MSC: feeder vessel detained after box ship disasters
DSV insiders hit back at Kuehne & DHL GF – got a 'pro integration' going
MSC to hold 15% global container terminal market share after Hutch buy
EXCLUSIVE: Schenker top exec departs 'One DSV' – fishing continues (Part 1)
DHL makes €500m bid to increase its presence in 'fast-growing Gulf markets'
EXCLUSIVE: The good old DSV, 'Winning as One' – all Schenker top dogs out (Part 2)
Comment on this article
Gunther Ginckels
September 06, 2016 at 2:48 pmThe rule is that Terminals can only claim and recover costs related to the shipment concerned and only to the level of standard tariffs they apply. Nowhere are they allowed to recover outstanding debts from a party where the cargo owners have no contractual relation. It is thus only the expenses related to the B/L – regardless whether shipped on full liner terms – that can be recovered.
David
September 07, 2016 at 3:47 amNaked short seller seem to be sucker in the stock of HJS, HANJIN Shipping.
The creditor group tried to clear HJS but central court try to resurrect HJS.