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 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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