Yang Ming Marine Transport Corporation News
From the 1st of October 2024, container cargo from Africa, the Middle East, India and Pakistan can only be collected via the Secure Chain in the port of Rotterdam. Starting from this date, the major shipping lines will no longer issue PIN codes. Containers from these sailing areas will always be securely and reliably released via the new approach. Only hauliers, rail operators and barge operators that have been authorised via the Secure Chain are able to access the terminals. The introduction f...
As of the 31st of March 2024, all import containers arriving in the port of Rotterdam from Latin America will only be securely and reliably released via the Secure Chain. The new operational approach creates a closed logistics chain that solely comprises familiar, authorised parties. The Secure Chain is part of a broader approach deployed by the public and private sectors to present a united front against drug crime in the port of Rotterdam. Susceptible to potential abuse In the Secure Chain...
Yang Ming Marine Transport Corp. (Yang Ming) and HD Hyundai Heavy Industries Co., Ltd. (Hyundai Heavy Industries) signed a new shipbuilding contract en bloc for five 15,500 TEU LNG dual fuel container vessels. The signing was conducted by Captain James Jeng, Yang Ming’s Chief Marine Technology Officer, and Mr. Jae Ho Kang, Hyundai Heavy Industries’ Executive Vice President. These new vessels are scheduled to be delivered in 2026, as part of Yang Ming’s mid-long-term fleet pl...
Yang Ming Marine Transport Corporation (Yang Ming) on May 12, 2023, held the 383rd Board meeting that passed the Q1 2023 financial report and approves the procurement of LNG dual-fuel container vessels. According to this report, the consolidated revenues in Q1 totaled NT$ 36.95 billion (US$ 1.22 billion). The net profit after tax stood at NT$ 3.4 billion (US$ 112 million), with an EPS of NT$ 0.97. Downward incline in demand in the global market The maritime transport market in Q1 suffered del...
Analysis of Xeneta’s Carbon Emissions Index (CEI) has revealed that Yang Ming is the container industry’s ‘emission hero’ for all relevant CEI-covered trades in Q4 2022. The Taiwanese giant was the industry’s only major player to score below the CEI performance baseline of 100 (set in Q1 2018) across all CEI routes. According to the Carbon Emissions Index (CEI), a unique solution from Xeneta and Marine Benchmark, Yang Ming found the industry’s best balance be...
Yang Ming Marine Transport Corp. (Yang Ming) has added one new 11,000 TEU container vessel, ‘YM Trillion’. The vessel is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. YM Trillion was named and delivered to Yang Ming at a ceremony held at Imabari Marugame Shipyard on 21st September. Yang Ming’s attendees joined the event remotely at their Taipei office. Accelerate fleet optimisation Mr. David Yen, Chairman of T3EX Global Holdings Corp. wa...
Yang Ming Marine Transport Corp. (Yang Ming) will add one more new 11,000 TEU container vessel, ‘YM Throne’. The vessel is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. The naming ceremony of the YM Throne took place at Imabari Hiroshima Shipyard. Yang Ming’s attendees joined the ceremony remotely at their Taipei office. Mr. Hsieh-Lung Yeh, Director-General of the Maritime and Port Bureau, MOTC was invited to officially name the ship, and...
Yang Ming Marine Transport Corp. (Yang Ming) has welcomed its newest 11,000 TEU container vessel, ‘YM Tutorial’. The vessel is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. YM Tutorial was named at a ceremony held at Imabari Hiroshima Shipyard on June 17th, 2022, and has entered into Yang Ming’s transpacific West Coast route PS6 on July 15th, 2022. YM Tutorial vessel To further strengthen Yang Ming’s mid-to-long-term operational ef...
Yang Ming Marine Transport Corp. is delighted to announce the launch of its latest Far East-West Coast of Latin America service in July 2022. The new service will offer customers broader service coverage and ensure more reliable services in the FE-WCSA trade. The new SA8 service is jointly operated by Yang Ming, WAN HAI LINES LTD., and Pacific International Lines Pte Ltd (PIL). A fleet of eight 2,400-3,700 TEU vessels will be deployed on the weekly service, two of them are from Yang Ming. The f...
Pacific International Lines (PIL) is pleased to introduce a new weekly direct service linking China and Korea with four key countries in South America - Mexico, Guatemala, Colombia and Chile. The new service, known as West Coast South America 6 (WS6), will commence on 13 July 2022 from Ningbo, China. West Coast South America 6 (WS6) West Coast South America 6 (WS6) aims to augment PIL’s existing two services - WS2 and WSA West Coast South America 6 (WS6) aims to augment PIL’s...
Yang Ming Marine Transport Corp. (Yang Ming) is to welcome its latest 11,000 TEU container vessel, ‘YM Tranquility.’ This vessel was chartered from Shoei Kisen Kaisha, Ltd., built by Imabari Shipbuilding Co., Ltd., and named at a ceremony held at Imabari Marugame Shipyard on 14th June. Yang Ming’s attendees participated in the ceremony virtually at their Taipei office. Mr. June-Pong Tseng, Chairman of King-Freight Group was invited to officially name the ship, and Mrs. Ling-Ch...
The Lloyd’s Register Maritime Decarbonisation Hub and partners launch ‘The Silk Alliance’ to develop a Green Corridor Cluster beginning with intra-Asia container trade. The Silk Alliance seeks to develop a fleet-specific fuel transition strategy for container ships operating in Singapore and wider Asia. The Lloyd’s Register Maritime Decarbonisation Hub is working with 11 cross-supply chain stakeholders to develop a fleet fuel transition strategy that can enable the estab...
To navigate the challenge of net-zero carbon emissions, Yang Ming Marine Transport Corporation (Yang Ming) has joined The Silk Alliance, in order to develop and formulate potential measures for vessel decarbonisation, among members of maritime supply chain. The Silk Alliance is aimed at establishing Green Corridor Cluster and paving the pathway towards maritime decarbonisation. The Silk Alliance Initiated by the Lloyd’s Register Maritime Decarbonisation Hub, The Silk Alliance consists o...
In recent years, the protection of the marine environment has been gaining momentum. Yang Ming Marine Transport Corp. (Yang Ming) has also been attentive to the issue and dedicated efforts to safeguarding marine ecology. Protector of the ecosystem In 2016, Yang Ming began participating in the VSR (Vessel Speed Reduction) incentive program, “Protecting Blue Whales & Blue Skies”, led by The Blue Whales and Blue Skies partners, and in 2020 and 2021 the Company was awarded the high...
Yang Ming Marine Transport Corp. (Yang Ming) took delivery of one new 11,000 TEU container vessel, ‘YM Trophy’. The vessel is chartered from Shoei Kisen Kaisha, Ltd. and was built by Imabari Shipbuilding Co., Ltd. After delivery, YM Trophy will be put into service immediately on Yang Ming’s Trans-Pacific route PS6 to provide efficient transport service between Asia and the Pacific Southwest. Increase operational efficiency To increase Yang Ming’s mid-to-long-term opera...
Yang Ming Marine Transport Corporation (Yang Ming) held its 372nd Board Meeting on 15th April to approve that, the five new 15,000 TEU vessels authorised at 368th Board Meeting on 14th January, would be equipped with dual-fuel LNG marine engines. Addressing climate change Yang Ming will be the first shipping company in Taiwan that owns LNG-powered container ships. The shipbuilding plan is set to strengthen the Company’s mid-to-long-term operational competitiveness and accelerate the fl...
Yang Ming Marine Transport Corporation (Yang Ming) has announced a new direct service connecting China and Australia. The CHINA-AUSTRALIA-2 SERVICE (Loop Code: CA2) will set sail on 10 March 2022 (ETA Qingdao). Deploying a fleet of six 3,500-3,900 TEU vessels, this new service is a joint operation with T. S. Lines Ltd., Pacific International Lines (Pte) Ltd., and Sea Lead Shipping. The rotation of CA2 is Qingdao – Shanghai – Nansha – Shekou – Sydney – Melbourne...
Yang Ming Marine Transport Corp. (Yang Ming) would like to make the following clarifications on a news article published by ETtoday reporting that Yang Ming will submit a proposal to the Board meeting on December, 17th, to construct12 LNG dual-fuel vessels. The said news report is merely assumptions made by ETtoay. Yang Ming would publish its decisions on major capital expenditure at the Market Observation Post System (TWSE MOPS) by law. Vessel resource management is a critical issue of Ya...
Yang Ming Marine Transport Corp. (Yang Ming) announces the official completion and delivery of 'YM Together,' a brand-new 11,000 TEU container vessel chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. The ship will soon begin Yang Ming’s PN3 trans-pacific operation, providing highly efficient cargo delivery service between Asia and North America. To facilitate medium to long-term operation, Yang Ming has partnered with professional shipowners for the con...
Wan Hai Lines Ltd. is pleased to announce its plan to expand its existing service network between China to Southeast Asia, by launching a new weekly service from Central China to Cambodia & Thailand, on 1st December 2020. China to Cambodia/Thailand (CT5) Service The China to Cambodia/Thailand Service, named CT5 will be operated with 3 vessels, with an intake of 1,200 TEU. Wan Hai Lines will deploy 1 vessel, while its partners - Yang Ming Lines and Sealand Maersk Asia will operate the two v...
On June 25th, Yang Ming Marine Transport Corp. (Yang Ming) celebrated the naming of its 2,800 TEU class full container vessel, YM Continuity with a virtual naming ceremony. Yang Ming Chairman Cheng Cheng-Mount and CSBC Corporation Chairman Cheng Wen-Lon, located respectively at Yang Ming’s headquarters in Keelung and CSBC Corporation’s administration building in Kaohsiung, jointly officiated the ceremony. Mrs. Chen Shu-Huei, wife of the President of National Ocean Taiwan University...
Yang Ming Marine Transport Corp. (Yang Ming) took delivery of one more new 11,000 TEU container vessel, ‘YM Tiptop’ (5/28) to further enhance Yang Ming’s operating competitiveness. The vessel will be deployed to Far East - South America service SA3 and provide efficient delivery service between Asia and East coast of South America. To further strengthen Yang Ming’s mid-to-long-term operational efficiency, the company ordered a total of fourteen 11,000 TEU new buildings t...
Yang Ming Marine Transport Corp. (Yang Ming) held a naming ceremony for its 2,800 TEU class full container vessel, YM Constancy, at CSBC’s Kaohsiung shipyard on March 19th. The ceremony was officiated jointly by Yang Ming Chairman Cheng Cheng-Mount and CSBC Corporation Chairman Cheng Wen-Lon. Mrs. Ho Shu-Ping, Director General of the Department of Navigation and Aviation, Ministry of Transportation and Communications was invited to officially name the ship during the ceremony and wished t...
Given the increased demand before the Chinese New Year and THE Alliance’s service deployment, Yang Ming Marine Transport Corp. (Yang Ming) will take delivery of one more 11,000 TEU new chartered vessel - ‘YM Target’ on February 5th, 2021. With the support from the ship owner, YM Target can be delivered and join Yang Ming’s global fleet nearly three months ahead of schedule. The vessel will be deployed to THE Alliance’s Trans-Pacific route PN3 and provide efficient...
In addition to the network adjustments, the members of THE Alliance will also revise their Transatlantic Network for 2021 to offer customers a more stable network to cater to the growing market demand. The setup of THE Alliance’s network has been evaluated and reconfigured to offer a more focused product with further improved reliability while keeping the existing wide range of port coverages. Restructuring of the Transatlantic services’ set up will commence from Q2 of 2021. Rotati...
The members of the Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming welcomes Hyundai Merchant Marine as a new core member of THE Alliance. With the FMC acceptance of HMM membership, the Alliance offers an attractive upgraded product package and it will be launched around April 1st, 2020. Based on the existing comprehensive network of the Alliance, the newly enhanced product package will offer increasing frequency particularly from South East Asia, as well as new direct port coverage...
To further reinforce its regional development strategy, Yang Ming Marine Transport Corporation (herein-after referred to as Yang Ming) sets up a new subsidiary with NAXCO Group in France, named Yang Ming (France) S.A.S. (herein-after referred to as Yang Ming (France)), which officially began operating on 1st January 2021. The subsidiary aims at assisting Yang Ming to develop the local market and integrate regional resources. Weekly service routes Yang Ming will establish a presence in the Fre...
In response to the COVID-19 pandemic, the members of the Alliance have continuously been adapting their resources to match the moving demand of the global shipping market. The details on the January 2021 updates are as follows: Asia and North Europe FP1, FP2. FE2, FE3 will maintain weekly sailings in January. The Alliance will continue the FE4 Extra Loader Program in January. Participation in the Extra Loader Program will be separately advised by respective Lines. Asia and the Mediterranean...
The members of the Alliance, Hapag-Lloyd, Hyundai Merchant Marine, Ocean Network Express, and Yang Ming announced updated details of the 2020 Service Network, focusing on the Asia-Middle East trade lane. The Alliance will introduce three newly organised express loops from early April and these services will provide higher frequency, direct and expanded coverage, and the fastest connection from the respective regions. Asia and the Middle East AG1 Ningbo – Kaohsiung – Xiamen &ndas...
Ocean Network Express, COSCO Shipping Lines, OOCL and Yang Ming are to launch a new weekly Transatlantic service, East Mediterranean – America Service (code: EMA) to deliver a more efficient and comprehensive service network. The first commencing voyage is on April 2020 (subject to FMC filing). The EMA service, jointly operated by the four lines, will consist of six Panamax vessels. The port rotation for the weekly service is Mersin – Haifa – Alexandria – Istanbul &ndash...