On August 09, 2024, Yang Ming was informed of a fire incident on YM Mobility, a vessel operated by Yang Ming, at the Port of Ningbo. The cause of the incident is still under investigation. Preliminary findings suggest that an explosion occurred in a container loaded with dangerous goods on board. According to the shipper's declaration, the container was a reefer used as a substitute for a dry container, without requiring power connection. Immediate fire control measures were taken, and the situation is now under control. All crew members have safely evacuated. Huan Ming (Shanghai) International Shipping Agency Co., Ltd., a subsidiary of Yang Ming Group, is actively coordinating with the authorities to manage the situation. (....)