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Hanjin Shipping Update
22/9/2016
Hanjin Update
The Hanjin shipping situation continues as vessels remain achored off ports across the globe.
The Korean govermnet has maintained is position, strongling indicating it has no plans for a bail out of the 7th largest Globil Shipping line.
It seems that a recently accepted Chapter 15 Bankruptcy filing in the US has allowed a release of some funds seized and subsequently a number of vessels being unloaded at American ports.
A confirmed transfer of funds from Korean Air Lines, from within the larger Hanjin Group, has also releived some pressure and eased grid-lock slightly.
Impact on Asean
Since the beginning of September it has been Aseans position to book no future shipments through Hanjin.
We are doing everything to ensure current bookings on vessels owned or operated by Hanjin through lease agreements are resolved and freight unloaded as soon as possible.
A small minority of clients have been affected and we sincerely apologies for any delays. We are striving to resolve and will continue to provide updates as they come to hand.
In Australia
The veseel HANJIN CALIFORNIA ( IMO 9631101) has been arrested by Federal Court Marshals for a second time in Sydney. Originally arrested and moved to a Glebe Island berth so as to avoid distruption at Sydneys Botany Port, new procedings have begun relating to unpaid bunker charges.
The HANJIN MILANO ( IMO 9431680 ) remains anchored off Port of Melbourne for fear it too will be arrested once docked.
A number of other Australian bound vessels remain in limbo on route to Australia held up in other transhipment ports as they move south to Australian shores.
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