seen-stranded

Oil climbs as Venezuela sees output deal, Libya suffers clashes

Oil prices rose almost 2 percent on Monday, after Venezuela said OPEC and non-OPEC producers were close to reaching an output deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted. Venezuelan President Nicolas Maduro has said that a deal could be announced this month to stabilize oil markets, which have come under pressure due to a persistent glut and a …

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Oil climbs as Venezuela sees output deal, Libya suffers clashes

seen-stranded

All Hanjin Shipping chartered vessels to be returned to owners after unloading: judge

All Hanjin Shipping Co Ltd chartered vessels that have completed unloading their cargo have been told to cancel their charter agreements and return the ships to the shipowners, a South Korean judge said on Monday. Some vessels have also been seized and some sold. The company had a total of 141 vessels, including 97 container ships as of early September.

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All Hanjin Shipping chartered vessels to be returned to owners after unloading: judge

seen-stranded

Hanjin says U.S.-bound ship is being held ‘hostage’

“There is no clear visibility yet on what will happen with this business,” Hanjin lawyer Ilana Volkov said at a hearing, when asked by U.S. Bankruptcy Judge John Sherwood whether Hanjin was liquidating. Since then, the Hanjin Boston, Hanjin Greece and Hanjin Gdynia have begun to unload. As of Wednesday, of Hanjin's 97 container ships, 36 were waiting outside of overseas ports, according to South Korea&#

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Hanjin says U.S.-bound ship is being held ‘hostage’

seen-stranded

U.S. workers unload first of Hanjin ships stalled by bankruptcy

By Lisa Richwine LOS ANGELES (Reuters) – Dock workers began unloading furniture, clothing and other cargo on Saturday from a container ship owned by bankrupt Hanjin Shipping Co Ltd , breaking a logjam that has stranded goods on a dozen vessels bound…

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U.S. workers unload first of Hanjin ships stalled by bankruptcy