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Tag Archives: right of retention

Hanjin Shipping Co Ltd files for receivership – consequences for shippers (a Belgian point of view)

The possible bankruptcy of carrier Hanjin Shipping would have serious consequences for shippers as terminal operators are relying on their right of retention / pledge on the containers which they are currently retaining at their respective terminals. Reuters article Nieuwsbladtransport article Several Belgian receivers have already received confirmation from Belgian terminal operators that due to […]