MV-Yantian-Express-Fire-3-copy-closeup-800x480

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 ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article


You must be logged in to post a comment.
  • Frederik deCockBuning

    May 06, 2019 at 7:15 pm

    Like I told from the beginning .. this is a very poor show of the operator.
    moreover this GA proofs that large portion of cargo/goods on water have hardly
    value to insure thus can not participate in any GA – this is a very delicate situation.
    should we not go back to the time of CIF instead of C&F ??