"Wanhai 503" has entered its final chapter and has been dismantled.
- Author:weiyun.com
- Source:weiyun.com
- Release Date:2026-01-20
On January 15, Wanhai Shipping updated the latest news about the "Wanhai 503" (Wangchun Lun) on its official website, stating that all emergency response and aftermath processing work has been completed.
After the "Wan Hai 503" successfully unloaded all containers at the Jebel Ali Port of Refuge on December 26, 2025, it was safely towed to the designated berth of the Dubai Drydocks World shipyard on the evening of January 12, and was successfully delivered to APT Global in accordance with the BIMCO ship recycling contract.
Wanhai official website announcement
Wan Hai said that APT Global is a ship recycling company that operates in strict compliance with the highest international standards, and will subsequently dismantle the ship in strict accordance with the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships.
Wan Hai will also continue to communicate with relevant authorities and stakeholders as needed, and would like to express its sincere gratitude to all relevant authorities, partners and professional teams that have provided valuable support and cooperation throughout the entire accident handling and aftermath process.
event traceback
On June 9, 2025, Wanhai 503 suffered multiple explosions and caught fire off the coast of Kerala, India. The ship was carrying a large amount of dangerous goods at the time of the incident.
On July 30, 2025, Wan Hai announced that the fire in the cargo hold had been completely extinguished.
On August 25, 2025, after being rejected by India and Sri Lanka, Wan Hai stated that Wan Hai 503 had been towed towards the Middle East.
On September 11, 2025, Wanhai 503 was approved to berth at the designated salvage port of Jebel Ali in the United Arab Emirates.
In October 2025, unloading operations began, but due to serious damage to the cargo and problems such as fire-fighting wastewater, the progress was slow and it faced technical challenges.
On November 30, 2025, 1,347 containers had been successfully unloaded, leaving 375 containers on board for processing.
On December 21, 2025, 1,684 containers were successfully unloaded, leaving 38 containers on board for processing.
On December 28, 2025, all containers on the Wanhai 503 ship were unloaded.
On January 12, 2026, Wanhai 503 safely arrived at the designated berth in Dubai.
On January 15, 2026, Wanhai Shipping announced that Wanhai 503 had been delivered for disassembly.
Freight rate adjustment
In addition, Wanhai issued a notice on January 14th to increase the freight rate of the near ocean line.
Due to the adjustment of the company's ship resources and the rising operating costs, the freight rate for cargo exported from China to Asia (near ocean section) will be increased, effective on January 26, 2026, and the increase will be:
20-foot container: USD 5000 40-foot container: USD 10040 high box: USD 100
After the "Wan Hai 503" successfully unloaded all containers at the Jebel Ali Port of Refuge on December 26, 2025, it was safely towed to the designated berth of the Dubai Drydocks World shipyard on the evening of January 12, and was successfully delivered to APT Global in accordance with the BIMCO ship recycling contract.
Wanhai official website announcement
Wan Hai said that APT Global is a ship recycling company that operates in strict compliance with the highest international standards, and will subsequently dismantle the ship in strict accordance with the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships.
Wan Hai will also continue to communicate with relevant authorities and stakeholders as needed, and would like to express its sincere gratitude to all relevant authorities, partners and professional teams that have provided valuable support and cooperation throughout the entire accident handling and aftermath process.
event traceback
On June 9, 2025, Wanhai 503 suffered multiple explosions and caught fire off the coast of Kerala, India. The ship was carrying a large amount of dangerous goods at the time of the incident.
On July 30, 2025, Wan Hai announced that the fire in the cargo hold had been completely extinguished.
On August 25, 2025, after being rejected by India and Sri Lanka, Wan Hai stated that Wan Hai 503 had been towed towards the Middle East.
On September 11, 2025, Wanhai 503 was approved to berth at the designated salvage port of Jebel Ali in the United Arab Emirates.
In October 2025, unloading operations began, but due to serious damage to the cargo and problems such as fire-fighting wastewater, the progress was slow and it faced technical challenges.
On November 30, 2025, 1,347 containers had been successfully unloaded, leaving 375 containers on board for processing.
On December 21, 2025, 1,684 containers were successfully unloaded, leaving 38 containers on board for processing.
On December 28, 2025, all containers on the Wanhai 503 ship were unloaded.
On January 12, 2026, Wanhai 503 safely arrived at the designated berth in Dubai.
On January 15, 2026, Wanhai Shipping announced that Wanhai 503 had been delivered for disassembly.
Freight rate adjustment
In addition, Wanhai issued a notice on January 14th to increase the freight rate of the near ocean line.
Due to the adjustment of the company's ship resources and the rising operating costs, the freight rate for cargo exported from China to Asia (near ocean section) will be increased, effective on January 26, 2026, and the increase will be:
20-foot container: USD 5000 40-foot container: USD 10040 high box: USD 100