PDZ containership released by court

PDZ containership released by court

Malaysian owner PDZ Holdings has announced that Kuala Lumpur High Court has allowed the company’s application to uplift and set-aside the warrant of arrest relating to its containership PDZ Mewah.

The court approved Dan-Bunkering’s request to arrest the 1,000 teu vessel in January over unpaid bunker bills and subsequently PDZ had challenged the court’s ruling over the arrest.

During the arrest period, PDZ expected losses would be in the range of RM90,000 to RM100,000 per month as a result of the additional costs arising from purchasing slots from third party vessel.

PDZ said the court has allowed the company to strike-out the lawsuit.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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