Shipping co. to sell 8,000 cases of unclaimed energy drinks
CHARLESTON, S.C. (AP) — A court is allowing a Taiwanese shipping company to sell 8,000 cases of energy drinks that a client failed to pick up or pay for after the merchandise arrived at the Port of Charleston.
Yang Ming Marine Transport shipped five 40-foot-long (12-meter-long) containers filled with Hype Energy drinks from Bremerhaven, Germany, to Charleston, in December, but Hype maker HED Products LLC never picked them up, The Post and Courier reported. The cargo was valued at more than $60,000.
HED, which once claimed to have Kim Kardashian and Cardi B as its spokeswomen, filed for bankruptcy in March. The company owed nearly $15 million in debts, including $175,000 to Yang Ming.
A bankruptcy judge recently decided to allow Yang Ming to sell the drinks at auction to recoup some of its losses. The perishable energy drinks were dropping in value every day, the newspaper said.
Yang Ming did not return the Post and Courier’s request for comment, and it was unclear when the sale was to take place.