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Hebei Spirit

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On 24 December 2007, KOEM (Korea Ocean<br />

Environment Management Corporation ) has<br />

obtained a court approval to arrest the <strong>Hebei</strong><br />

<strong>Spirit</strong>.<br />

Shipowner requested to provide a cash deposit of<br />

KRW 50 billion (USD 40 million)<br />

KRW 12 billion agreed for labour costs (incurred<br />

from 7 Dec 2007 to Jan end 2008)<br />

<strong>Hebei</strong> <strong>Spirit</strong> sailed from the port of Daesan on 7<br />

January 2008

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