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ZIM overtakes Yang Ming in global liner rankings

Israeli ocean carrier ZIM received the 15,248 TEU container ship ZIM Mount Vinson on 3 April, the last unit in the series of 10...

Yang Ming unveils enhanced 2025 Transpacific network

Yang Ming has announced its upgraded Transpacific service network for the next year, which will commence in February 2025. The Taiwanese ocean carrier said it...

Major lines’ margins in negative territory for first time after five years

Mainline operators’ operating profit margins fell into negative territory for the first time since 2018, due to losses in 4Q 2023, according to Alphaliner’s...

Yang Ming vessel knocks over three cranes after hitting Turkish wharf

A ship operated by Yang Ming Marine Transport slammed into a wharf in Turkey’s Evyapport on 16 March, while attempting to dock. The 2015-built 14,000...

Yang Ming adopts sustainable biofuel to its fleet

In response to the 2050 net-zero emissions target, Yang Ming Marine Transport Corp. is taking a significant step by integrating sustainable biofuel into its...

Yang Ming marginally profitable in 2023

Yang Ming Marine Transport Corporation achieved consolidated revenues of US$4.51 billion and after-tax profits of US$153.26 million. "Amidst inflation and economic growth slowdown in 2023,...

Peak in scrubber-installed boxship fleet

The number of scrubber-fitted container ships is now at an all-time high of 36% of the global boxship fleet, due mainly to MSC's preference...

Contrasting schedule reliability in Taiwan’s container lines

Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and...

Yang Ming not tempted to charter ships amid Red Sea crisis

Taiwanese liner operator Yang Ming Marine Transport will not follow its peers and charter in more ships to capitalise on the Red Sea crisis. Speaking at...

THE Alliance temporarily halts AR1 service due to Red Sea crisis

THE Alliance, including Hapag-Lloyd, ONE, Yang Ming and HMM, has announced the temporary suspension of AR1 service due to recent Red Sea tensions. "Due to...
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Contship Italia unveils strategic investment in La Spezia Container Terminal

During a two-day gathering between the Melzo and Spezia offices, Tom Eckelmann, a board member and shareholder of Contship Italia Group, reaffirmed Eurokai's steadfast...

Red Sea disruption pushing up container values and rates

Container values have risen significantly across almost all sectors and age categories since the start of the year. Following an extended period of declines, where...