Yang Ming proceeds with plans to bring in 20 boxships

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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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