Tag archive for vessels

06

Feb

INDUSTRY PETITIONS FMC FOR REPRIEVE FROM “UNFAIR” PORT FEES

A broad range of retailers, manufacturers, truckers and other business groups in the United States are appealing to the Federal Maritime Commission to set new policy preventing terminal operators and ocean carriers from charging unfair fees when uncontrollable incidents such […]
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17

Nov

HANJIN SHIPPING BANKRUPTCY UPDATE

The Hanjin Shipping bankruptcy continues to have worldwide impacts with legal battles over cost and equipment liabilities related to the bankruptcy playing out in the courts. But there is a glimmer of good news on the horizon. Hanjin filed for […]
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31

Aug

Hanjin Shipping Files for Bankruptcy

South Korea’s largest container operator, Hanjin Shipping Co. filed for bankruptcy protection on Wednesday. The filing was one day after the company’s creditors decided to discontinue financial assistance of more than $896 million. The courts will decide whether Hanjin will […]
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