YM Mobility explosion triggers general average declaration
NewsYang Ming has declared General Average for YM Mobility following an explosion at Ningbo Port, requiring all stakeholders to share the costs of the incident.
Estonia’s biggest seaport, Tallinn, has signed a co-operation agreement with China’s Ningbo Port Group (NPG) under which the companies will jointly build a US$220M container terminal and Chinese goods distribution centre at Muuga.
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