By Gavin van Marle (TheLoadstar) Unloading procedures have actually started on some Hanjin vessels after the line ultimately started to upgrade carriers and also forwarders on where its vessels in fact are.

A fleet upgrade released by the service provider today reveals the large bulk of its vessels still “waiting in open sea” for guidelines from head office.

So much 6 vessels are validated to have actually been detained– the Hanjin Baltimore at Panama, with the Panama Canal “impassable” to the line; Hanjin Vienna in Vancouver; Hanjin California in Sydney; Hanjin Rome, as commonly reported, in Singapore; and also Hanjin Rotterdam in Yantian; and also Hanjin Sooho in Shanghai; while the Hanjin Montevideo has actually been detained by its shelter distributor in Long Beach, California.

Another 7 vessels go to port under stoppage and also 3 even more– Sky Pride, Sky Love and also Pacita– have actually been gone back to their proprietors.

Ten vessels are waiting off the shore of China and also 2 off Japan; a more 12 are waiting off South Korea, 2 of which– Hanjin Chongqing and also Asian Trader– have actually currently lacked gas and also are awaiting shelter products. Another 9 vessels are underway to Pusan, where they will not risk of apprehension.

The Hanjin Europe is under stoppage in Hamburg, with Hanjin Harmony waiting in the North Sea, while 5 vessels wait in theMediterranean Two of the last were declined entrance to the Suez Canal and also currently deal with preventing the Cape of Good Hope on their trip to Asia.

There are 9 vessels waiting in the waters of South- eastern Asia, the Indian Ocean and also around Australia, and also a more 3 in the Arabian Gulf.

In the United States, Hanjin Greece started discharging at a Long Beach incurable, while 5 vessels wait off the shore, with records that, the Hanjin Gdynia, will certainly dock today.

The berthing of the Hanjin Greece complied with a United States court order on Friday prolonging Hanjin’s provisionary defense from financial institutions, and also some $10m has actually apparently been elevated by Hanjin to pay incurable handling fees for both vessels, in addition to Hanjin Jungil and also Hanjin Boston, likewise waiting to berth at Long Beach and also Los Angeles specifically.

Korean Air, Hanjin’s largest investor, has claimed it will certainly supply Won60bn ($ 54m) in moneying to the embattled service provider so it can discharge freight. The airline company, nonetheless, claimed it would just do so if Hanjin installs its risk in an incurable at Port of Long Beach as security, reported Bloomberg

Meanwhile, container owners were today likewise starting to count the price of the personal bankruptcy. CAI International informed capitalists it presently has actually 15,000 systems rented to Hanjin, which totals up to around $40m in regards to the possessions’ publication worth.

It claimed: “Based on our experience, our team believe that a lot of our containers will certainly be recuperated. Our systems on lease to Hanjin were produced in our colour, with our logo design and also markings, which need to help with healing and also re-leasing initiatives.

“At this point, while we are unable to definitively estimate the total impact of Hanjin’s bankruptcy filing on our financial results, we believe our exposure will be limited to $2.6m of accounts receivable related to income recognised prior to the third quarter of 2016, which is not insured and may not be recovered, and up to the $2m deductible on our insolvency insurance policy.”