Contents tagged with Hudson Shipping
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Russian shipping company hit by U.S. sanctions on verge of bankruptcy
On November 10, the cargo vessel Diana belonging to the to Vladivostok-based Gudzon Shipping was not allowed to enter the port of Vladivostok. The crew reportedly left the vessel because of unpaid salaries, TASS reports.
“Because of the North Korea related sanctions imposed by the U.S., the company lost almost all of its contracts and cannot ensure operation of its vessels anymore. The company is also unable to sell its assets because of restrictions imposed by its bank which holds the company’ …