Hanjin Laden Containers to Wait for Freight Forwarders' Decision

Singapore container terminal operator PSA is warning shippers they have till 28 November to claim laden containers from bankrupt Hanjin Shipping.

News ID: 70202

Date: 09 November 2016 - 12:19

In a notice to cargo owners, consignees, shippers and/or freight forwarders PSA said there laden container owned or operated lying in its facilities, MANA correspondent reported.

“To ensure that we maintain an optimal port capacity to serve all our customers and partners, cargo owners, consignees, shippers and/or freight forwarders are urged to contact PSA and claim the containers and/or the cargo therein by 28 November 2016,” PSA said.

The terminal operator said that if containers remained unclaimed by 28 November it would either dispose of or sell the cargo and the containers as it deemed fit.

PSA is levying a SGD5,000 refundable deposit from cargo owners claiming Hanjin containers from its terminals. The deposit will be refunded when the empty container is returned to the terminal operator.

A total of 17 Hanjin vessels called at PSA’s Singapore terminals between 21 September and 31 October to discharge containers, and it is understood not further vessels from Korean line are due to call.

According to analyst Alphaliner in its weekly newsletter Hanjin only had 14 vessels left under its control as of 8 November, five of which were under arrest.