Updated information on Yantian Express General Average

Information article

Yesterday, I posted some questions relating to the consequences and process of General Average – once it is declared..

In a press release, ONE (Ocean Network Express) one of the alliance partners of Hapag Lloyd, have released further information relating to the Yantian Express which declared General Average on the 25th of January 2019..

The “Yantian Express” suffered a major fire resulting in both the vessel and a portion of the cargo suffering either fire or water damage..

ONE has released an update on the General Average security demand, latest salvage declaration details, a Salvage Guarantee Form and an overview of frequently asked questions (FAQ)..

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And then there was ONE (Ocean Network Express)..!!!!

Shipping and Freight Resource Press Release

As far as container shipping is concerned, the current decade or the period since Y2K has probably seen the most number of consolidations, mergers, acquisitions and alliances than any other period in container shipping history..

Could ONE (Ocean Network Express) which is the latest, be probably the last one (at least for now) in the string of consolidations, mergers and acquisitions..??

Spare and share your thoughts..

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