Yang Ming orders five more 14,000 teu boxships from Imabari

Yang Ming orders five more 14,000 teu boxships from Imabari

Taiwan’s Yang Ming Line has officially signed shipbuilding and chartering contracts with Japan’s Imbari Shipbuilding and Shoei Kisen Kaisha for five 14,000teu containerships.

The price for each vessel is $125m and the vessels will be delivered between 2018 and 2019 and operated by Yang Ming under a long term charter deal.

Yang Ming currently owns ten 14,000teu ships and ordered another five at Taiwanese shipbuilder CSBC.

In May, Yang Ming gave up its plan to build 18,000teu-20,000teu boxships and switched to 14,000teu ships.

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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