A Chinese court has ordered the seizure as compensation for the loss of two ships leased from a Chinese company before the two countries went to war in 1937 of the 226,434-ton Baosteel Emotion. Mitsui OSK Lines Ltd.
Chinese Court Seizes Japanese Vessel to Enforce WW2-Related Ruling -- The Diplomat
The Shanghai Maritime Court seized a Japanese vessel to compensate for WW2-era losses to a Chinese firm.
The Shanghai Maritime Court has seized a Japanese ship owned by Mitsui O.S.K. Lines (MOL). The vessel, Baosteel Emotion, was seized to provide payment for a judgment against MOL relating to the use (and eventual loss) of two Chinese ships by the firm during World War II. Financial Times called the seizure “an unprecedented asset confiscation for wartime compensation.”
The seizure of Baosteel Emotion is perhaps the most dramatic turn in a case that has dragged on since the 1930s. In 1936, the Chinese company Chung Wei Steamship Co. leased two ships for one year to a Japanese shipping line, Daido Kaiun. However, in 1937 the ships were commandeered by the Japanese navy, which did not pay any leasing fees to Chung Wei. Both ships eventually sank while in the service of Japan’s navy. For decades, the Chen family (the owners of Chung Wei Steamship Co.) have been unsuccessfully trying to receive payment for the ships from Daido Kaiun’s successor firm, Mitsui O.S.K.
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More News On China Seizing A Japanese Ship Over World War II Reparations
China seizes Japanese cargo ship over pre-war debt -- BBC
China impounds the freighter Baosteel Emotion as war reparation for two ships lost to Japan in 1930s -- National Post/Bloomberg
Chinese Court Orders Japanese Boat Seized for Wartime Compensation -- Voice of America
Chinese Court Orders Seizure of Japanese Vessel -- New York Times
Chinese court detains Japanese boat over unpaid damages -- Global Times/Xinhua
China ship seizure hikes redress fears -- Japan Times/Kyodo news
Japan Warns China Over Ship Seizure -- Defense News/AFP
Update: China is denying reports that this seizure is due to World War II compensation claims .... Seizure of Japanese ship unrelated to wartime compensation: FM -- Xinhua
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