Updated information on Yantian Express General Average.

I published some questions regarding the consequences and process of the overall rate – as soon as it was announced.
In a press release, ONE (Ocean Network Express), a partner of the Hapag Lloyd Alliance, released more information related to Yantian Express, which announced the overall rate on January 25, 2019. “Yantian Express” was subjected to a major fire, which resulted in both the ship and part of the shipment being exposed to either fire or water damage. SMIT Salvage Americas, LLC has been contracted as rescue currencies for this vessel under the Lloyds Open Form (LOF) contract.
Sulfur is entitled to retain the commodity after the service under the LOF, until security of rescue is provided by the owners of the goods. The ship is presently located in Freeport, Bahamas, in a shipyard dedicated exclusively to receiving troubled containers / cargo for security, health and safety reasons and environmental considerations.