Zhongjiang Ocean Shipping takes seized bulker in Taobao auction

Zhongjiang Ocean Shipping takes seized bulker in Taobao auction

Shanghai Maritime Court has sold a seized bulk carrier to Hong Kong owner Zhongjiang Ocean Shipping via an auction on Chinese e-commerce platform Taobao for RMB16.89m ($2.41m).

The Panama-flagged vessel Mahoni, which was owned by Indonesian company Meranti Maritime, was arrested at Shanghai Port in May 2016 under the court’s ruling after 31 Filipino crew of the ship filed a lawsuit against the owner over salary disputes. The crews claimed that they hadn’t been paid for 18 months.

According to an official from the court, Zhongjiang Ocean Shipping will use the ship to transport lumber.

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.

Related Posts