Prior to going bankrupt, Hanjin Shipping had chartered five, 3,400-TEU vessels and eight, 10,100-TEU vessels from Danaos.
The United States Maritime Alliance, the employer group that negotiates the master contract with the International Longshoremen's Association, called the ILA’s planned work stoppage threat “disturbing.”
The terminal operator increased spending from $70 million to $200 million in preparation for ultra large containerships.
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Liberty Woods International filed a lawsuit in personam against Dalia Ship Holding and in rem against Dalia’s ship, the Ocean Quartz, seeking $1.4 million for damage it said occurred to shipments of plywood.
The non-vessel-operating common carrier said a Gothenburg-to-Atlanta service will launch next month.
The South Korean government revealed plans earlier this week to order more than 250 vessels and extend 6.5 trillion won in financing by 2020 to prop up a shipbuilding industry that continues to suffer from weak demand and mounting losses.