Soon-to-be gaijin jetsam

[Taro Toporific]

Becky-Moss.jpg

Artist Stranded at Sea During Container Ship Residency
"I am still making work," says the artist.
artnet News | September 8, 2016
When British artist Rebecca Moss boarded the Hanjin Geneva, bound from Vancouver for Shanghai, on August 24, she had no way of knowing what would happen next.
The Hanjin Shipping Company, the Seoul-based company operating the ship (which has actually been rented from an American company, the Conti Group, and flies under a German flag), filed for bankruptcy on August 31. Suddenly, the Geneva, and everyone aboard, found itself barred from entry from ports around the world, due to concerns that the company would not be able to pay port and service fees.
Over a week later, the Hanjin Geneva container ship is currently anchored about 13 miles off the coast of Japan, and is hoping to eventually make port in Tokyo. This strange turn of events has left the crew, and with them, Moss, in limbo.
More...

sfchronicle.com...Hanjin ships are currently docked offshore, effectively marooned...The concern is that Hanjin won’t be able to pay port fees or crew wages--- and that the contents of the ships might be seized by creditors upon entry to port. One captain near Japan was given permission to unload cargo, but his request for food and water was denied...continues...

Artist Residency on a Container Ship
artnet News | Sept. 2015
Container Artist Residency program...Artists will “voyage into the heart of international commerce” ... the project forms a critique that cuts two ways. The global economy is now the backdrop for all artistic production...
blah, blah, blah
...Artists get to spend up to three weeks on board a container ship, where their studio will be a private cabin measuring 12 square meters (about 12 by 10 feet). They’ll receive a $1,000 honorarium and an allowance for travel home; stipends of up to $5,000 are also available to pay for equipment and materials...[i]more blah, blah, blah...

Hanjin’s bankruptcy has its cargo ships unable to dock. Is global shipping melting down?
slate.com | Sept. 8, 2016
..An estimated 25 percent of the world’s container capacity sit empty.
The Hanjin situation also raises the question of whether more companies will follow. Baker says a cascade effect from the bankruptcy is likely but that it certainly isn’t the only company in trouble. "The next big issue is Japan," says Baker. "They have too many shipping companies for their own good and far more than needed."
More...

[CrankyBastard]

Present position of Hanjin Geneva

http://www.marinetraffic.com/en/ais/hom ... 35/zoom:10

[wagyl]

Surface mail from Korea has stopped to a surprising handful of countries because of this. https://twitter.com/geoffrey_cain/statu ... 0965456896

[Taro Toporific]

Present position of Hanjin Geneva
http://www.marinetraffic.com/en/ais/hom ... 35/zoom:10

I guess the crew of the Hanjin Geneva could raid their lifeboats' solar sills make more water and use the lifeboats' rations for many weeks (months?)---However, I wonder what happens when the Hanjin Geneva starts to run out of fuel and threatens to go aground on pristine-for-concrete-shite-Japan Kujukuri Beach in Chiba?


EDIT: Oops, I see that the Hanjin Geneva is "at anchor" so I guess they just run the generator for lights, bridge, and safety equipment for a long time on their existing fuel, maybe??? I have no idea whether there is a way to power down as ship to run in an emergency mode to use less (almost no) fuel.

[Samurai_Jerk]

I know someone working for Hanjin in the US. He says it's an absolute shit storm. No one knows what's going on, they're not being told anything by upper management, and customers are freaking out.


Sent from my iPhone using Tapatalk

[Takechanpoo]

this is one good case study to reconfirm how korean mentality work.
if it was a japanese-marine shipping company, they would give priority to their customer service even in collapse.
just because its japanese. yeah

[wagyl]

No one can provide service to customers if ships are impounded under admiralty law, and their cargoes are not carried from the boat to the dock because no one can pay for it, which is exactly what is feared here. Anyway, if the economic predictions of some of those articles bear out, the history of the future will be the true test of how a Japanese service provider would handle this situation. Yamaichi Securities was not exactly glorious, for example.

Hanjin was bigger than any Japanese shipper, and there are a lot of Japanese shippers. We are talking 190 containerships and bulk carriers here.

[CrankyBastard]

Present position of Hanjin Geneva
http://www.marinetraffic.com/en/ais/hom ... 35/zoom:10

I guess the crew of the Hanjin Geneva could raid their lifeboats' solar sills make more water and use the lifeboats' rations for many weeks (months?)---However, I wonder what happens when the Hanjin Geneva starts to run out of fuel and threatens to go aground on pristine-for-concrete-shite-Japan Kujukuri Beach in Chiba?


EDIT: Oops, I see that the Hanjin Geneva is "at anchor" so I guess they just run the generator for lights, bridge, and safety equipment for a long time on their existing fuel, maybe??? I have no idea whether there is a way to power down as ship to run in an emergency mode to use less (almost no) fuel.

The Hanjin Geneva is registered in Germany and seems to be under charter to the Korean company, the crew (undoubtedly pissed off no end) will most likely be on contract to a German outfit and have probably been ordered to stay out of any jurisdiction that could impound/arrest the vessel.
If I were skipper on board, I'd be praying for a typhoon to come by so that I could seek port of refuge and to hell with the fuckin charter.

Update from Lloyds
South Korea has devised a list of ports where Hanjin Shipping's container vessels can discharge without risk of arrest by creditors seeking outstanding payments.

Hamburg in Germany, Los Angeles in the US and Singapore are to be the shipping line's so-called base ports, a Ministry of Strategy and Finance official told Lloyd's List.

The ports have all issued stay orders or have guaranteed legal protection from vessel seizures, which allows Hanjin's ships to unload, the ministry official said.

Hanjin ships can also find safe harbour at Busan and Gwangyang in South Korea.

But the authorities drew the line at cargo unloading fees, saying that Hanjin would have to settle those outstanding payments itself.

Late last week, Busan Port Authority guaranteed that it would pay fees owed for lashing services provided in August to Hanjin vessels, a port official told Lloyd's List.

The guarantee means Hanjin vessels can again be processed at Busan after lashing service providers refused to work on Hanjin containers for fear of non-payment after the company filed for receivership.

"Busan port does not have any problem with handling Hanjin's containers for now. And the lashing payments for September will be discussed as well," the port official said.

First published on http://www.lloydslist.com

[Takechanpoo]

No one can provide service to customers if ships are impounded under admiralty law, and their cargoes are not carried from the boat to the dock because no one can pay for it, which is exactly what is feared here. Anyway, if the economic predictions of some of those articles bear out, the history of the future will be the true test of how a Japanese service provider would handle this situation. Yamaichi Securities was not exactly glorious, for example.

Hanjin was bigger than any Japanese shipper, and there are a lot of Japanese shippers. We are talking 190 containerships and bulk carriers here.

oh really?
i dont think decent j-company does this kind of surprise attack bankruptcy. if its j-company, much more the bigger one, it would enter the procedure of bankruptcy after finishing all their deals.
how many years have you spent here in japan? eh?

[wagyl]

how many years have you spent here in japan? eh?

A polite poster volunteers this information to the rest of us before asking it of others.

[kurogane]

this is one good case study to reconfirm how korean mentality work.
if it was a japanese-marine shipping company, they would give priority to their customer service even in collapse.
just because its japanese. yeah

I object to that bigotry. I have always admired your reflective capacity as a pseudo-Japanese, but not all Japanese companies fuck their customers just because they can. I once had normal first world service from a Japanese company, and they already knew I wasn't Japanese when they did it. There is hope yet, even for the LDCs of the OECD.

[legion]

oh really?
i dont think decent j-company does this kind of surprise attack bankruptcy. if its j-company, much more the bigger one, it would enter the procedure of bankruptcy after finishing all their deals.
how many years have you spent here in japan? eh?

If you recall the mid 90s a lot of Japanese bankruptcies involved large companies not paying their small company vendors and the vendors ending up hanging around Mt Fuji. The small companies were technically in the black, having delivered on their contracts.

So yeah, look after the customer, fuck the vendor.

[yanpa]

Technically in the black, actually in the green.

How did Nova customers fare after Mr. Monkeybridge did a runner?

[wagyl]

All this ignores the fact that the very meaning of bankruptcy is "protection from having to finish my deals." If you can finish your deals, you are not bankrupt, and not only do you have no need to go bankrupt, you will not in fact be permitted to go bankrupt. Part of the process is proving that you are unable to finish your deals.

But this is the kind of guy who will say that any company which goes bankrupt is not decent, which is why he added that word.