🎣 Winners & Losers of 2024
Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
A fire on a Taiwanese cargo ship at China's Ningbo-Zhoushan Port caused an explosion felt kilometers away.
A fire erupted on a Taiwanese cargo ship at China's bustling Ningbo-Zhoushan Port, sending shockwaves through the area. Here's what you need to know:
The ship, docked at the port's Beilun terminal, was carrying dangerous goods, lithium batteries and tert-Butyl peroxybenzoate which may have been the cause if stored in an environment of over 86F(30C) .
"Immediate fire-fighting measures have been taken... the fire has been brought under control, and all the ship's personnel have been safely evacuated," Yang Ming Marine Transport stated.
Nearby offices were damaged by shockwaves
"Our windows were damaged, and the ceiling of our canteen collapsed a little," reported by a nearby staffer at a company located about 1 km (half a mile) from the ship.
This incident highlights the ongoing safety concerns in shipping hazardous materials. While quick action prevented casualties, it serves as a reminder of the potential dangers lurking in busy ports worldwide.
Source: Reuters
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).