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Yang Ming Eternity Arrested in Sydney for Pollution Debt

Logistic News - Published on Fri, 21 Feb 2020

Image Source: YM Efficiency
The sister ship of the YM Efficiency, which lost 81 shipping containers off the coast of Newcastle and Port Stephens in June 2018, has been arrested in Sydney for a pollution debt that could reach as high as AUD 20 million. Australian Maritime Safety Authority said that Federal Court Admiralty Marshall arrested the YM Eternity at Port Botany after AMSA petitioned the court to recover the outstanding debt. Both the YM Eternity and YM Efficiency are owned by a subsidiary of Taiwanese shipping company, Yang Ming Marine Transport Corp.

Yang Ming has refused to pay for the clean-up of the remaining pollution including the containers and their contents which have been located on the seafloor off the coast of Newcastle. 60 containers have been identified, five containers have been recovered while a further 16 are still missing.

In December 2019, the Australian Maritime Safety Authority signed a contract with Ardent Oceania, to begin the clean-up operation for those 60 containers. The contract is valued at about AUD 15 million. Work begins in March 2020 and is expected to be completed within a month.

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Posted By : Yogender Pancholi on Fri, 21 Feb 2020
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