ContainersGreater China

Yang Ming proceeds with plans to bring in 20 boxships

Taiwanese container line Yang Ming Marine Transport has received approval to proceed with a major fleet expansion plan.

Under the plan, the company will order ten 2,800 teu containerships and charter in ten 11,000 teu containerships. The shipyard and the charterer have yet to be announced.

Last year, Yang Ming announced a fleet optimisation plan in which the company will bring in new vessels to replace 20 chartered vessels expiring in the next three years. The new vessels are expected to support the company’s international expansion plans.

Yang Ming currently operates a self-owned fleet of 47 containerships with an average age of 10 years.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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