Finance

Container blows up on payload ship at China's key Ningbo slot

.A flying photograph is presenting containers at Beilun Port in Ningbo, Zhejiang province, China, on April 11, 2024. Nurphoto|Nurphoto|Getty ImagesBEIJING u00e2 $" A dangerous items compartment burst Friday on a packages ship in China's high-traffic Ningbo slot, Taiwanese craft owner Yang Ming Marine Transportation Corp. informed CNBC in a statement.No disasters or personal injuries were actually declared to date. The accident took place on the YM Flexibility ship and also caused a fire, which has actually been brought under control, the owner mentioned. All individuals on board were safely and securely evacuated.The Liberia-flagged ship had shown up in Ningbo after final contacting at Shanghai, according to MarineTraffic tracking information. State-owned slot operator Ningbo-Zhoushan stated the ship was actually anchored at the Beilun 2 container terminal, depending on to a message on Chinese social media.The slot driver and also Yang Ming both stated the source of the event was certainly not yet clear.Yang Ming included that the owner of the goods had stated it under dry out, cold store, without necessity for plugged-in electrical energy, depending on to a CNBC translation of the Chinese-language statement.The happening carried out certainly not immediately show up to substantially disrupt major freight lines.Ningbo-Zhoushan is actually China's second-highest traffic port, positioned in far eastern China's Zhejiang district. Shanghai is actually the busiest port worldwide, observed through Singapore and afterwards Ningbo-Zhoushan, according to Lloyd's List.u00e2 $" CNBC's Ruxandra Iordache contributed to this document.