STX Pan Ocean’s bulk carrier New Giant seized in Gisborne, NZ

Troubled STX Pan Ocean’s bulk carrier New Giant seized in Gisborne, North Island, New Zealand, following court order issued on June 14, on behalf of company’s creditors. Vessel arrived to Gisborne on June 5 13 to load the logs, wasn’t permitted to dock fearing could become stranded and is staying on anchor. The 23 crew has enough supplies for two more weeks, reported The Gisborne Gerald.

 

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