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Tag: Yang MIng

Yang Ming mitigated losses thanks to strong container sector

Yang Ming saw profits from its container sector hit by the negative impact of the coronavirus on the dry bulk market, which meant that...

THE Alliance announces September void sailings amid Covid-19 pandemic

THE Alliance has announced its updated service adjustments in September in order to manage demand in the shipping market amid the coronavirus pandemic. The alliance...

YM Credential joins Yang Ming’s THX service

Taiwanese operator Yang Ming Marine Transport has named the third vessel in a series of 10 highly efficient vessels following a ceremony at the...

Yang Ming adds two newbuildings

Yang Ming has announced the addition of two new 11,000TEU container vessels, ‘YM Triumph’ and ‘YM Truth’, which will join THE Alliance’s Trans-Pacific routes...

Container stack collapses prompt AMSA focus on boxship losses

A series of high-profile container losses off the coast of Australia has prompted the maritime authority to introduce a focused inspection campaign from 1...

Evergreen raises capital in maiden overseas bond issue

Taiwanese liner operator Evergreen Marine Corporation will turn to overseas investors to raise US$300 million in capital to cover the company’s operations. The company announced...

Pandemic effects force lines into continuous schedule adjustments

In terms of blanked sailings and capacity management, there are no signs of recovery going forward into the third quarter, according to a Braemar...

Sustainability is key to Yang Ming’s green strategy

The taiwan-based carrier, Yang Ming (YM), has formulated several long term strategies that it says will meet the environmental targets set by the International...

SIPG and THE Alliance test fast-track container processing at Yangshan

Shanghai International Port Group (SIPG) and THE Alliance have entered into an agreement to test out onshore container drop-offs for cargoes bound for Yangshan...

Erratic rate discipline undermined the lines in 2011, can they hold their nerve in 2020?

A senior analyst believes that the crucial test for the carriers will come when the battle against the Covid-19 virus has turned in the...
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Port of refuge deal closer for more stable Wan Hai 503

Salvage teams assisting with the Wan Hai 503, which suffered a cargo fire on 9 June, have further stabilised the ship and reduced the...

Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...

ABS unveils breakthrough EV Battery Fire Simulation Model

American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...
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