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Cargo ships from bankrupt Hanjin to create expensive problem at Port of Oakland – KGO-TV

OAKLAND, Calif. (KGO) —

There will be two ships arriving at the Port of Oakland from Hanjin, which declared bankruptcy two weeks ago.

One of them, The Hanjin Greece, made its way under the Golden Gate Bridge just after 4 p.m. Wednesday with 450 containers for eager businesses that have been anxiously awaiting their arrival.

A second ship, with a much smaller load, will arrive on Friday.

While the port and companies that need cargo are relieved, some truckers say all the cargo creates an expensive new problem for them.

RELATED: Korean shipping company’s bankruptcy creates mess at Port of Oakland

For the first time since last month, a Hanjin cargo vessel is arriving at the Port of Oakland, almost two weeks to the day since the South Korean…

Read the full article at: http://abc7news.com/business/cargo-containers-from-bankrupt-hanjin-to-create-expensive-problem-at-port-of-oakland/1511824/

Category: BankruptcyBy Insolvency Advisory AccountantsSeptember 15, 2016

Post navigation

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Cargo ships from bankrupt Hanjin to create expensive problem at Port of Oakland – KGO-TV

OAKLAND, Calif. (KGO) —

There will be two ships arriving at the Port of Oakland from Hanjin, which declared bankruptcy two weeks ago.

One of them, The Hanjin Greece, made its way under the Golden Gate Bridge just after 4 p.m. Wednesday with 450 containers for eager businesses that have been anxiously awaiting their arrival.

A second ship, with a much smaller load, will arrive on Friday.

While the port and companies that need cargo are relieved, some truckers say all the cargo creates an expensive new problem for them.

For the first time since last month, a Hanjin cargo vessel is arriving at the Port of Oakland, almost two weeks to the day since the South Korean shipping company declared bankruptcy.

“It’s really important for our custom…

Read the full article at: http://abc7news.com/business/cargo-ships-from-bankrupt-hanjin-to-create-expensive-problem-at-port-of-oakland/1511824/

Category: BankruptcyBy Insolvency Advisory AccountantsSeptember 14, 2016

Post navigation

PreviousPrevious post:Legal 500 2016: Insolvency and corporate recovery – Manchester Evening NewsNextNext post:Clive Palmer says Clive Mensink plans to launch action against QNI liquidators – Brisbane Times

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
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