Finance

Container bursts on freight ship at China's key Ningbo slot

.An aerial picture is presenting containers at Beilun Port in Ningbo, Zhejiang province, China, on April 11, 2024. Nurphoto|Nurphoto|Getty ImagesBEIJING u00e2 $" A harmful items container blew up Friday on a cargo ship in China's high-traffic Ningbo slot, Taiwanese vessel owner Yang Ming Marine Transport Corp. told CNBC in a statement.No mishaps or even injuries were introduced to time. The case occurred on the YM Mobility ship and brought about a fire, which has been actually brought in control, the owner claimed. All people aboard were actually properly evacuated.The Liberia-flagged ship had arrived in Ningbo after last contacting at Shanghai, according to MarineTraffic tracking data. State-owned slot driver Ningbo-Zhoushan mentioned the ship was dropped anchor at the Beilun 2 compartment terminal, depending on to a message on Chinese social media.The slot driver and Yang Ming both stated the reason for the event was actually certainly not yet clear.Yang Ming added that the manager of the items had announced it under dry out, freezer, without need for plugged-in electricity, depending on to a CNBC interpretation of the Chinese-language statement.The incident did certainly not quickly show up to substantially interrupt major freight lines.Ningbo-Zhoushan is actually China's second-highest traffic slot, situated in eastern China's Zhejiang province. Shanghai is the busiest slot in the world, followed by Singapore and then Ningbo-Zhoushan, depending on to Lloyd's List.u00e2 $" CNBC's Ruxandra Iordache contributed to this document.