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.
Ningbo Port Group (NPG) has set up a joint venture with Cosco Pacific, Orient Overseas Container Line (OOCL) and SDIC Communications to develop a fiveberth terminal at China’s fourth largest container port.
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