IBX Vessel Songa Iridium grounding Bosporus on 27-Dec-19 _GENERAL AVERAGE DECLARATION AND PROCEDURE

Dear Valued Customers:

Further to our Customer Advisory of 31 January, 2020, Yang Ming have declared General Average as well as have instructed Richards Hogg Lindley to collect the General Average security. In case you have shipments that were loaded onboard for this lady, please understand that the cargo will only be released upon provision of the required securities.

Attached below please find the “Standard Instructions” provided by the General Average Adjusters, Richards Hogg Lindley, as follows:

•Notice to the Cargo Interests (including the Average Bond)

•Insurers' Average Guarantee

•Standard Form of Non-Separation Agreement

•General Average & Salvage – Frequently Asked Questions [FAQs]

We encourage you to review these documents carefully, including the FAQs which should adequately answer most of your questions and concerns. Additionally, Shippers whose cargo is insured should contact and forward this advisory to their insurance provider.

In the event that you have any questions regarding the provision of the required security, we invite you to get in touch with Richards Hogg Lindley directly as well as quote the ship name (SONGA IRIDIUM) plus your container number and bill of lading number in all email correspondence.

Parties based in Asia should contact:

Richards Hogg Lindley, Taipei

E-mail:  GreaterChina.Security@charlestaylor.com

Tel: +886 (0)2 2700 1442

Address: 1206, 12F., 237, Fu Hsing South Road Sec. 2, 106 Taipei, Taiwan, R.O.C.

Parties based elsewhere should contact:

Richards Hogg Lindley

E-mail:  info-liverpool@rhl-ct.com

Tel: +44 (0)151 227 2175

Address: 4th Floor, Royal Liver Building Liverpool  L3 1JH United Kingdom

Irrespective of whether or not your cargo is insured, only Richards Hogg Lindley will be in a position to guide you with respect to the provision of the required General Average security.

RHL CASUALTY WEBSITE

Blank security forms, further news and information including release procedures for cargo will be made available at: www.rhlg.com/clients. Select the vessel’s name “SONGA IRIDIUM” from the dropdown menu and enter the password which for this case is “iridium27”.

We regret the inconvenience caused and thank you for your understanding and cooperation.

Yang Ming Marine Transport Corp.