Finance

Container bursts on freight ship at China's vital Ningbo port

.An aerial image is presenting compartments at Beilun Slot in Ningbo, Zhejiang province, China, on April 11, 2024. Nurphoto|Nurphoto|Getty ImagesBEIJING u00e2 $" A dangerous items container burst Friday on a freight ship in China's high-traffic Ningbo port, Taiwanese craft owner Yang Ming Marine Transport Corp. told CNBC in a statement.No casualties or even traumas were actually declared to time. The case occurred on the YM Movement ship and caused a fire, which has actually been actually taken under control, the manager pointed out. All folks on board were safely evacuated.The Liberia-flagged ship had actually shown up in Ningbo after final calling at Shanghai, according to MarineTraffic tracking information. State-owned port driver Ningbo-Zhoushan said the ship was actually dropped anchor at the Beilun 2 compartment terminal, according to an article on Chinese social media.The port operator and also Yang Ming both stated the reason for the accident was not however clear.Yang Ming added that the proprietor of the goods had stated it under dry, freezer, without requirement for plugged-in electricity, depending on to a CNBC interpretation of the Chinese-language statement.The accident performed not right away appear to dramatically disrupt primary shipping lines.Ningbo-Zhoushan is China's second-highest traffic port, located in asian China's Zhejiang province. Shanghai is the busiest slot on earth, complied with through Singapore and then Ningbo-Zhoushan, depending on to Lloyd's List.u00e2 $" CNBC's Ruxandra Iordache helped in this record.