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VisitChina Admits Ship Damaged Balticconnector Gas Pipeline Accidentally
Aug 12, 2024, 10:41 AM
China has admitted that a Hong Kong-flagged ship, owned by the Chinese firm NewNew Shipping Line, was responsible for damaging the critical Balticconnector gas pipeline between Estonia and Finland last October. The incident, involving the vessel NewNew Polar Bear, is currently under joint criminal investigation by Finland and Estonia. Beijing has communicated its findings to both countries, asserting that the damage was accidental.
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Markets
No • 50%
Yes • 50%
Official statements from the Finnish, Estonian, or Chinese governments
No • 50%
Yes • 50%
Official statements or reports from the Finnish or Estonian governments
Disputes findings • 25%
Accepts findings but does not compensate • 25%
Accepts findings and compensates • 25%
No official response • 25%
Official statements from the Chinese government
Accidental • 33%
Intentional • 33%
Inconclusive • 34%
Official statements or reports from the Finnish and Estonian governments
No legal actions taken • 25%
Found liable and fined • 25%
Found liable but no fine • 25%
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Court rulings or official statements from the Finnish and Estonian governments