A DHL subsidiary is planning to appeal an order by a US judge, who threw out its seizure of a NewLead Holdings vessel, continuing a battle with a quartet of financial firms that arrested the bulker first.
The German freight giant’s ocean shipping division, DHL Project & Chartering, revealed its plans to challenge the decision as part of its fight with four NewLead creditors over proceeds from the judicial auction of the 35,400-dwt Newlead Castellano (built 2013).
The
