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EC5/ Yantian Express – Update on General Average and Salvage Security
As you should be aware by now, General Average was declared for the Yantian Express in late January 2019. All cargo interests (except where cargo was determined to be a total loss) are required to post General Average and Salvage Security. This includes containers that were discharged from the affected areas and containers that are still currently on board the Yantian Express.
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EC5/ Fire onboard Yantian Express
Further to our Customer Advisory dated April 1, 2019 we would like to keep you aware of
further development as noted below:
further development as noted below:
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US CBP ISF-5 Enforcements
Effective March 15, 2019, U.S. Customs and Border Protection (CBP) will begin full enforcement of the ISF-5 filing requirement for Foreign Retained on Board (FROB) cargo. This will affect any foreign cargo that calls a U.S. port during transit.
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EC5/ Fire onboard Yantian Express
Per our Customer Advisory dated January 30th, 2019, General Average was declared for the Yantian Express and consequently, all cargo interests are required to post General Average and Salvage Security before their cargo will be released. The vessel is currently still in Freeport, Bahamas, but all cargo from the affected areas has now been discharged and we anticipate a final port of call will soon be nominated for the remaining cargo.
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