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Wednesday, July 15, 2020
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Tag: Yang MIng

Rate levels not costs key to mitigating carrier 2020 losses as lines cancel more services

Maintaining freight rate levels is key to maintaining carrier profits in this crisis hit year that has seen shipping lines slash services, managing capacity...

Taipei distributes shipping industry loans

Taiwan’s Ministry of Transportation and Communications announced on 2 June that it has disbursed loans of TW$16.5 billion (US$550 million) to the shipping industry...

Express customs clearance warehouse opens at Taipei port

Taipei Port Container Terminal Corporation (TPCT), a joint venture between Evergreen Marine Corporation, Yang Ming Marine Transport and Wan Hai Lines, has launched an...

Singaporean state investment firm Temasek mum on PIL bailout

The Singapore government’s investment company Temasek Holdings is remaining tight-lipped on market talk that it may take a stake in embattled liner operator Pacific...

Updated: Feeling for the bottom of the recession

According to the Danish consultancy Sea-Intelligence the level of blank sailings has reached a “plateau” although there are now more than 500 cancellations in...

Yang Ming christens two newbuildings in Taiwan

Yang Ming held the naming ceremony for two of its 2,800 TEU class full container vessels, YM Celebrity and YM Continent at CSBC’s Kaohsiung...

Yang Ming constructs new smart container vessels

Yang Ming has unveiled that its ten 2,800TEU container vessels, currently being constructed by CSBC, will receive Smart Ship notations from international classification societies. Starting...

Covid-19 and Lunar New Year destroy YM Q1 expectations

Yang Ming has seen weaker container business earnings in the first quarter than was expected due to the impact of Covid-19 crisis and Lunar...

Updated: Maersk’s Skou hits out at “unacceptable” state aid for lines

Container shipping lines, such as HMM and Yang Ming Line, that receive state aid from there are gaining an unfair advantage over their competitors...

YM denies claims that Enlightenment crew had no protective masks

Yang Ming Marine Transport has refuted suggestions that the Taiwanese liner operator did not sufficiently stock one of its container ships with face masks...
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Dubai lifts crew change restrictions

Dubai Maritime City Authority (DCMA) has announced that it will allow ship operators to facilitate crew changes in Dubai. The announcement came just days...

Allianz expects pandemic to result in rise in machinery issues

Maintenance issues and cargo fires are among the most significant risks for cargo vessels in this period of the pandemic, according to insurance company...

GEODIS backs EU road freight decarbonisation programme

French transport and logistics company GEODIS is calling for European transport authorities to use regulation to speed up the decarbonisation process for trucking on...

Valenciaport outlines 2030 horizon Strategic Plan

The Port Authority of Valencia (PAV) will put out to tender this month the development of the new Strategic Plan for over US$500,000. The new...