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Yang Ming starts sustainable biofuel initiative for net-zero by 2050

Starting this year, Yang Ming Marine Transport Corporation has begun fuelling its fleet with sustainable biofuel, a step towards its sustainable development strategy, achieving...

Yang Ming denies “self-enrichment” of head honchos

Yang Ming Marine Transport has refuted speculation that its chairman Cheng Cheng-mount and general manager Patrick Tu have arbitrarily paid themselves bonuses. Media reports claim...

Yang Ming to join league of 24,000 TEU ships

Yang Ming Marine Transport’s management has hinted that the company will enter the league of 24,000 TEU boxship owners. Speaking at a shareholders’ meeting after...

Yang Ming predicts rare fifth consecutive profitable year

Yang Ming Marine Transport’s management said at the company’s shareholders’ meeting that the company anticipates 2024 to become a rare fifth straight profitable year. In 1Q...

Yang Ming reports Q1 financial results

Yang Ming reported first-quarter revenues of US$1.39 billion and net profit after tax of US$298.42 million with an EPS of NT$2.69. Yang Ming said that...

Yang Ming strengthens Far East – East Coast of South America service network

Yang Ming has announced the upcoming implementation of a revamp service set-up for its Far East - East Coast of South America (FE-ECSA) network. The...

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...
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NYK buys segments of ENEOS Ocean’s shipping business

NYK will acquire 80% of the shares of a new company to be established by ENEOS Ocean Corporation, a consolidated subsidiary of ENEOS Holdings,...

NWSA reports higher container volumes in 2024

The Northwest Seaport Alliance (NWSA), a partnership between the ports of Seattle and Tacoma, handled 321,432 TEUs in June, representing a significant growth of...

Port of Rotterdam nears 7 million TEUs in first half

In the first half of the year, Port of Rotterdam's container throughput increased by 4.2% in tonnes to 67.1 million tonnes and by 2.2%...

Port of Los Angeles achieves another monthly container gain

Port of Los Angeles processed 827,757 TEUs in June, translating to a 10% increase over the previous month and less than 1% compared to...