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Yang Ming to launch upgraded PAS service

Yang Ming is set to enhance the PAS service in March, introducing an upgraded PAN-ASIA SERVICE that now includes Ho Chi Minh City, Vietnam. This...

Free for all sees rates blow indexes out of the water

Freight indexes have become divorced from the reality of the market according to consultant Jon Monroe, who says that no index accurately represents the...

Yang Ming to diversify business scope

Yang Ming Marine Transport chairman Cheng Cheng-mount said at an investors' conference on 11 May that the company wants to diversify into other industries...

Greek boxship collides with wreck off Indonesia

Cyprus flagged container ship Tina 1 has collided with the wreck of the Iranian vessel Shahraz which ran aground, breaking its back in May...

Kanway Line orders 1,900TEU pair at Huangpu Wenchong

Kanway Line, a minor Taiwanese feeder operator, has commissioned firm orders for two 1,900TEU ships from CSSC Huangpu Wenchong Shipbuilding. Huangpu Wenchong's immediate parent, China...

Indonesian tycoon acquires FSL Trust’s last boxships

Companies linked to Indonesian businessman Salik Soetemo have acquired First Ship Lease Trust's last three container ships. The ships FSL Elixir and FSL Eminence have...

Taiwan lines battle historical debt

Yang Ming and Wan Hai lines are looking at solving shortfalls in company finances in differing ways as the carriers’ report struggle with historical...

Evergreen Marine Corp appoints new chairman

In a statement to the Taiwan Stock Exchange the board of Evergreen Marine Corporation (EMC) announced on 7 October that 64-year-old Chang, Yen-I has...

USCG and partners stem flow of oil from YM Mandate

US Coast Guard officials along with the New Jersey Department of Environmental Protection and Gallagher Marine Systems have managed to stop the flow of oil...

YM Mandate Leaking Oil in New York

The US Coast Guard has intervened to stem an oil spill from the fuel tanks of Yang Ming Marine Transport’s 6,572TEU container vessel, YM...
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