Hanjin Shipping have provided an update on its vessels locations, with the vast majority still “waiting in open sea” for instructions from headquarters.
Seven vessels are confirmed as arrested:
- Hanjin Baltimore; Panama
- Hanjin Vienna; Vancouver
- Hanjin California; Sydney
- Hanjin Rome; Singapore
- Hanjin Rotterdam; Yantian
- Hanjin Sooho; Shanghai
- Hanjin Montevideo; Long Beach
Another seven vessels are at port under embargo and three more – Sky Pride, Sky Love and Pacita – have been returned to their owners.
Ten vessels are waiting off the coast of China and two off Japan; with a further 12 waiting off South Korea, two of which – Hanjin Chongqing and Asian Trader – have now run out of fuel and are waiting for bunker supplies.
Another nine vessels are underway to Pusan, where they won’t run the risk of arrest.
Two vessels, the Hanjin Europe is under embargo in Hamburg, with Hanjin Harmony waiting in the North Sea, while five vessels wait in the Mediterranean.
Two of the latter were refused entry to the Suez Canal and now face circumventing the Cape of Good Hope on their journey to Asia.
There are nine vessels waiting in the waters of South-east Asia, the Indian Ocean and around Australia, with a further three in the Arabian Gulf.
In the US, Hanjin Greece began unloading at a Long Beach terminal, while five vessels wait off the coast, with reports that one, the Hanjin Gdynia, will dock this week.
The berthing of the Hanjin Greece followed a US court order on Friday extending Hanjin’s provisional protection from creditors, and some $10m has reportedly been raised by Hanjin to pay terminal handling charges for the two vessels, as well as Hanjin Jungil and Hanjin Boston, also waiting to berth at Long Beach and Los Angeles respectively.
Korean Air, Hanjin’s biggest shareholder, has said it will provide Won60bn ($54m) in funding to the embattled carrier so it can unload cargo. It is not certain what impact this action will ultimately have.
Adapted from an article by The Loadstar