Two-thirds of the owners of cargo on the fire-hit Yantian Express face further costs to retrieve their goods after others failed to contribute towards general average.
Exactly five months after the fire aboard the Hapag-Lloyd vessel, ONE issued an advisory that general average and salvage security had still not been posted for a third of the affected containers.
One shipping source told The Loadstar this would “almost definitely” result in higher costs for cargo owners …
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Source: The Loadstar