china frees japan ship after 28m paid
Last Updated : GMT 12:29:34
Arab Today, arab today
Arab Today, arab today

China frees Japan ship after $28m paid

Arab Today, arab today

Arab Today, arab today China frees Japan ship after $28m paid

Shanghai - AFP

China on Thursday released a seized Japanese ship after ownerMitsui O.S.K. Lines paid 2.9 billion yen ($28 million) to the Chinese side, a court said,in a dispute dating to the 1930s."The court has delivered a ruling at 8:30 am on April 24, 2014, to lift the detentionof the Baosteel Emotion ship," said a statement from the Shanghai Maritime Court,which ordered the seizure on Saturday.Shanghai authorities said they impounded the large freight vessel in accordancewith the law as Mitsui had failed to pay a Chinese firm.But the case had political overtones given tense ties between the two Asian giants,which are locked in a territorial dispute over islands in the East China Sea.Japanese media suggested the ship's seizure was meant to underline China'sgrowing assertiveness before US President Barack Obama's arrival in Tokyo onWednesday on the first leg of an Asian tour.Mitsui had "fulfilled its obligations" by paying compensation and additional courtcosts of around 2.4 million yuan ($390,000), the court said. It did not name theChinese party awarded the compensation.Media reports say that Mitsui's predecessor rented two ships on a one-year contractfrom a company called Zhongwei Shipping Co. in 1936.The ships were reportedly commandeered by the Imperial Japanese Navy and weresunk during World War II.A compensation suit was brought against Mitsui by the descendants of the founderof Zhongwei Shipping, and in 2007 a Shanghai court ordered Mitsui to paycompensation.mitsui said in a statement on Monday that it had been seeking an out-of-courtsettlement after China's supreme court rejected its appeal in 2011, but the vesselwas "suddenly" impounded. Japan lodged a formal diplomatic protest over the seizure and warned it could"intimidate Japanese companies doing business in China".

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china frees japan ship after 28m paid china frees japan ship after 28m paid

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china frees japan ship after 28m paid china frees japan ship after 28m paid

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Presenter Sherine Ramahi proud of her career

GMT 06:46 2017 Sunday ,19 November

Presenter Sherine Ramahi proud of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday