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 ...
Nederland, Rotterdam, 2008
Op de ECT terminal op de Maasvlakte worden containers door containerkranen en werknemers op en overgeslagen
Foto; Freek van Arkel/Havenbedrijf Rotterdam
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, businesses’ logistical planning will be complicated by unexpected delays, which will cause longer lead times.”
Shortly after Hanjin went into receivership last week, Rotterdam terminal operator ECT said full imported Hanjin containers would only be released after ...
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.