Hanjin ships yet to call at Singapore

According to MANA, Lloyd’s List understands that negotiations are ongoing between Singapore’s PSA International and South Korea on the terms for the berthing of Hanjin’s vessels and have not reached a settlement.

News ID: 68982

Date: 21 September 2016 - 09:19

According to MANA,Ahead of a settlement, PSA has asked commercial managers to fork out a refundable deposit of S$5,000 ($3,667) per container to unload cargoes from Hanjin vessels. “In Singapore, PSA is facilitating the flow of cargo to minimise disruption to the supply chain through the release of affected containers to consignees, and the subsequent return of empty containers,” a corporate spokesperson for the port operator said.
A Korean Ministry of Strategy and Finance official said on September 6 that Singapore, Hamburg and Los Angeles have all issued stay orders or have guaranteed legal protection from vessel seizures, which allows Hanjin's ships to unload. Hanjin ships can also find safe harbour at Busan and Gwangyang in South Korea.