A major explosion has occurred on a Yang Ming boxship while berthed at the port of Ningbo-Zhoushan in China in another incident that raises serious safety concerns.
“This type of incident should never happen and is another example of how one failure in ocean container shipping can have catastrophic consequences,” says Peter Sand, Xenetal chief analyst.
Sand pointed out that if this explosion had happened at sea rather than at a berth in a port, the crew and ship would have been in even more...