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YML has successfully entered into a new time charter agreement, marking a significant milestone in its operations. The charter will span a duration of 2 to 6 months, with trading commencing across Asia. During this period, the daily rate has been set at an impressive $7,950. This strategic move underlines YML's commitment to strengthening its presence in the Asian market and optimizing its fleet utilization.

On September 18, 2017, the container vessel 'Sima Sadaf' encountered engine difficulties while navigating the South China Sea, situated southeast of Shenzhen. The ship was making its way from Shanghai to Ho Chi Minh City, with an estimated arrival date of September 20. After experiencing setbacks, the 'Sima Sadaf' arrived at Hong Kong anchorage on the morning of September 23, being towed into the harbor. The vessel successfully docked at the China Merchants Container Terminal around noon, marking a significant recovery effort in maritime operations.