Shanghai Maritime Court has sold a 28,789dwt bulker owned by Wenzhou-based Fu Lai Deng Shipping via auction in order to resolve a salary dispute between the company and its crew.
About 30 crew members working for Fu Lai Deng Shipping filed a lawsuit against the company at the court in February this year, demanding the company pay salary owed to them for almost a year.
Shanghai Maritime Court ruled the company to pay the salaries, however Fu Lai Deng Shipping failed to execute the order. The court then decided to enforce the ruling through vessel detention and auction.
The crew have now all been paid.