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Another HNA ship arrested
The Hong Kong-based Shagang Shipping has gained an order for the arrest of the HNA-controlled tanker "Guangzhou" at Gwangyang port on Mar 28, 2014, in an effort to seek overdue payment of $66.4m from HNA Group. Shagang also arrested the HNA vessel "Bulk Peace" in Australia on Mar 19, but the vessel was released later by an Australian court, as the court believed Shagang had provided insufficient evidence that HNA was the vessel’s beneficial owner.
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