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Maersk Declares General Average, Resulting in Significant Losses for Cargo Owners and Freight Forwarders

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Posted by Realhong (Shanghai Head Office) International Logistics Co., Ltd On Sep 25 2024

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The cargo was supposed to be unloaded at the port, but cargo owners and freight forwarding companies suddenly received a General Average (GA) declaration from the shipping company!

Recently, the container vessel X-PRESS PYXIS (IMO: 9967536), serving the North American route under the 2M Alliance, unexpectedly declared a General Average! MSC and Maersk, who share space on the X-PRESS PYXIS, notified their customers, stating they had been informed that the vessel's owner had declared General Average (GA), catching many cargo owners and freight forwarding companies off guard!

Logistics information:Maersk Declares General Average, Resulting in Significant Losses for Cargo Owners and Freight Forwarders

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According to MSC’s notice, on August 29, the X-PRESS PYXIS experienced a stern tube system failure and began drifting in the waters off northeastern Japan. In this situation, the shipowner has signed a salvage contract with a tug.

Due to the above reason, the owner of the X-PRESS PYXIS has declared General Average! Maersk also informed customers that the X-PRESS PYXIS berthed at Yokohama on September 17 and has already discharged Yokohama-bound import containers. The owner is still evaluating port options for discharging the remaining containers on board before heading to a dry dock for repairs.

“Before the cargo interests make the necessary security arrangements through the appointed GA adjusters, the containers discharged from the vessel at Yokohama or any other port shall not be released, shipped, or delivered.”

A notice issued by the insurance company indicated that on August 29, while the X-PRESS PYXIS was en route from Busan, South Korea, to Yokohama, Japan, the ship's stern tube leakage alarm was triggered. The vessel stopped sailing for inspection, which revealed a malfunction in the stern tube system.

Logistics information:Maersk Declares General Average, Resulting in Significant Losses for Cargo Owners and Freight Forwarders

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Due to the malfunction, the X-PRESS PYXIS was unable to complete the voyage under its own power and was subsequently towed to the Port of Yokohama, arriving there on September 17.

An underwater inspection of the vessel revealed damage to both the stern tube and propeller, necessitating significant repairs in a dry dock. As a result, the container cargo will need to be completely unloaded to facilitate the repair of the stern tube system.

Considering the special expenses incurred for the safety of the voyage, Montford Shipping Pte. Ltd., the owner of the X-PRESS PYXIS, declared General Average. The Marine Claims Office of Asia Pte Ltd in Singapore has been appointed as the GA adjuster.

It is reported that the X-PRESS PYXIS (IMO: 9967536) was built in 2024, has a capacity of 7,092 TEU, and flies the Singapore flag. It is currently deployed on the trans-Pacific route under the 2M Alliance (Maersk's TP1 service and MSC's MAPLE service).

Data shows that the X-PRESS PYXIS previously called at several Chinese ports, including Hong Kong, Xiamen, Shenzhen Yantian, Ningbo, and Shanghai.

Logistics information:Maersk Declares General Average, Resulting in Significant Losses for Cargo Owners and Freight Forwarders

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Given that the X-PRESS PYXIS called at multiple Chinese ports and was drifting at sea for an extended period, causing significant delays in its schedule, the declaration of General Average now means that many cargo owners and freight forwarding companies will be impacted!

 

END

Logistics information:Maersk Declares General Average, Resulting in Significant Losses for Cargo Owners and Freight Forwarders

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Logistics information:Maersk Declares General Average, Resulting in Significant Losses for Cargo Owners and Freight Forwarders
(Share the latest international logistics information)

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