Regarding the fire incident near the bow of YM Mobility at the Port of Ningbo on August 9, 2024, Yang Ming declared General Average on August 18, 2024, for the common interests of the vessel, cargo owners and all parties involved.

The port authorities and local fire services at the Port of Ningbo took immediate response measures and offered professional guidance when the incident occurred. As of the date of this statement, the situation has been fully controlled. The exact cause of the incident will be investigated by third-party professionals. Yang Ming has declared General Average for this incident and has appointed Richards Hogg Lindley as the adjuster to handle related matters according to the York Antwerp Rules.

Taking into the considerations of the safety of the vessel and the surrounding environment, Yang Ming has arranged the unloading and transshipment of the cargo onboard, with the approval of the port authorities. The schedule for the delivery and release of the cargo is subject to the adjuster’s notifications. The contact information for the adjuster is [email protected], and Yang Ming’s sales representatives will also provide updates on related matters to the customers involved.