In an order issued Friday at a U.S. bankruptcy court in Newark, N.J., Judge John K. Sherwood expanded relief set forth in a Sept. 9 order that covered import cargo.
Judge Sherwood ordered that export shipments in which Globerunners tendered cargo to Hanjin (either on an intermodal basis or directly to a maritime terminal for export on Hanjin’s partners’ vessels) be transported pursuant to Hanjin’s bills of lading, and Hanjin relinquish all rights to claim freight charges on these shipments to the extent they are shipped to their destinations by other ocean common carriers on Globerunners’ behalf. The order only applies to Globerunners.
If cargo is in a container not owned by Hanjin, Globerunners can negotiate a new agreement with the owner of the containers. However, if the cargo is in a container owned by Hanjin, Globerunners can devan the cargo and return it, or continue to utilize the container, paying rent of $10 per day up to a maximum of $700 and then return it to the South Korean carrier.
Meanwhile, Hanjin has sent a note to customers saying that it will allow Hanjin-owned containers to be terminated at either Terminal 46 in Seattle or Pier T in Long Beach. The offer does not apply to leasing company containers or Hanjin sale/leaseback containers, and the containers must be on a list of Hanjin-owned containers that are in the Southern California/Pacific Northwest region.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now