Expo Freight working to settle non-payment issues with Debenhams suppliers
A forwarder for the UK’s now-defunct Debenhams chain said it was working closely with Bangladeshi ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
The latest news on the Hanjin bankruptcy from South Korea’s Yonhap News Agency, which claims that of the line’s 97 vessels, just 36 are sailing as per usual, with the remaining 61 anchored at sea or arrested in ports. As a result, the SK government has sought three ports worldwide that have offered the company stay orders against arrest requests from creditors, which means ports can begin unloading the estimated 540,000 teu worldwide that is trapped on Hanjin’s vessels, while the vessels themselves under legal protection. The three ports are Hamburg, Singapore and Los Angeles, as well as Gwangyang and Busan in South Korea.
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