Articles
ABC Containerline Demise 1996: Co-ordination of Cargo Interests - Recovering Cargo from Vessels Under Arrest in Sydney, Auckland, Halifax, Haifa and Singapore
Published 1997-10-11
Keywords
- ship arrest,
- ship mortgage,
- ABC Containerline Group,
- container line collapse,
- cargo discharge
- cargo discharge costs,
- cargo interest,
- freight forwarding,
- marine insurance,
- bills of lading ...More
Abstract
Levingston presents on the topic of Co-ordination of Cargo Interests (Business Session 4). Following the collapse of the ABC Container Line, five vessels were under arrest in various ports around the world, with each carrying between 1000 and 1200 containers. This paper is about the practical challenges faced and the solutions found in each of the five mentioned jurisdictions (Sydney, Auckland, Halifax, Haifa, and Singapore) in organising the discharge of cargo in a timely and cost effective manner.