Lanhai Shipping lawsuits stack up

Lanhai Shipping lawsuits stack up

Guangzhou: Guangzhou Maritime Court has handled a series of debt disputes related to bankrupt Lanhai Shipping and has ruled the company to pay its creditors.

According to Guangzhou Maritime Court’s releases, the court has received more than 30 lawsuits against Lanhai Shipping. The list include Shanhaiguan Shipbuilding Industry, Yangfan Group, PICC, CSS and also former crewmembers of the company. The court has ruled Lanhai Shipping to repay its debts to all theses creditors.

Lanhai Shipping stopped operation in 2013 and went bankrupt in 2014. Currently more than 20 vessels belonging to the company have been detained for auction.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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