EC5 Yantian Express Incident_ April/11th Update
2019/04/11

Dear Valued Customers,

Please take notice of the below pasted customer advisory issued by Ship Owner, Hapag Lloyd, in connection with the Yantian Express v. 108E incident.

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Further to our Customer Info of April 1, 2019 we would like to keep you aware of further development as noted below:

The Vessel is currently due to reload the containers unloaded at Freeport on 12 April 2019. General Average and Salvage security has still not been posted for some of these containers.

The Salvage company have now declared that the granted period of 21 days for the provision of salvage security has long expired. We understand that the Salvage company are working on getting the required certification from the Lloyd‘s Arbitration to enable them to sell the cargo to satisfy their security interest, should security not be provided imminently.

MV “Yantian Express” is likely to sail at the end of April/early May 2019 from Freeport with the remaining cargo onboard. However, this will potentially depend on the Salvage Company and the provision of salvage security.

We would encourage all cargo interests to provide the requested General Average and Salvage security in order to allow the containers to be delivered.

Relevant documents and case details can be viewed on the RHL website as follows: (please select vessel name from the drop down menu and insert password as noted)

https://rhlclientarea.ctplc.com/

Password: YE119GA

In light of dependency on technical approval of vessel class, the next port of call is not finally determined as yet. We shall keep you closely informed on the decision for such port selection, once agreement has been reached, in conjunction with relevant port authorities.

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We regret the inconvenience caused by the incident. Should you have any questions you may please contact Yang Ming local offices or your sales representatives.

For North America customers, please contact:

Brad Cunningham: bradcunningham@us.yangming.com

Lisa Hay: lisahay@us.yangming.com

Thanks and Regards,

Yang Ming Marine Transport Corporation