SEOUL (Sept 19): All Hanjin Shipping Co Ltd chartered vessels that have completed unloading their cargo have been told to cancel their charter agreements and return the ships to the shipowners, a South Korean judge said on Monday. The company had a total of 141 vessels, including 97 container ships as of early September. Out of the 97 container ships, 60 were chartered and 37 owned by Hanjin. The company returned three bulk carriers earlier this month, a Hanjin Shipping spokeswoman said on Monday. In addition, four container ships have been returned to the shipowners as of Sunday, while Hanjin has received shipowners' notifications to return 13 more container ships, another Hanjin spokeswoman said.

Source: The Edge Markets September 19, 2016 06:33 UTC