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HANJIN BUDAPEST, HANJIN BREMERHAVEN, HANJIN TIANJIN, HANJIN XIAMEN, HANJIN PORT KELANG - SOLD ENBLOC FOR ABT US $60 MIL TO S. KOREAN BYRS

First Hanjin vessel seized at Korean port

Hanjin Shipping filed an appeal Monday after an American fuel company seized one of its vessels docked in Korea over the weekend, the first domestic seizure since the company fell under court receivership last month, despite the bankruptcy court’s stay order prohibiting creditors from seizing ships in Korean waters. The Hanjin Xiamen, docked in Changwon, South Gyeongsang, was seized by World Fuel Services on Friday after obtaining rights from the Changwon District Court. Hanjin Shipping had outstanding fuel payments on the ship owed to the American company. Hanjin Shipping filed an appeal to the district court Monday, and the result is expected to come by Thursday. http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=3024761&cloc=joongangdaily%7Chome%7Cnewslist1