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Tag: Yang MIng

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...

Saudi port welcomes maiden call from THE Alliance’s AG3

Gulf Stevedoring Contracting Company (GSCCO), part of the Gulftainer group of companies, has received the Hyundai Tacoma container vessel from the recently updated AG3...

Covid-19 causes CSBC delivery delays

Taiwanese ship builder CSBC Corporation has confirmed to Container News that the Covid-19 pandemic may affect delivery of 10 feeder boxships to compatriot liner...

Covid-19 crisis forces THE Alliance to blank more sailings

Due to the unprecedented nature of the Covid-19 pandemic and the forecast sharp downturn in demand, members of THE Alliance, Hapag-Lloyd, HMM, Ocean Network...

Yang Ming suffers second consecutive loss

Yang Ming Marine Transport has reported a TW$4.31 billion (US$143.43 million) loss for 2019, amid difficult conditions for the liner industry. The loss was the...

Yang Ming updates offices operations in Italy due to COVID-19

As the maritime and logistics industry faces a severe situation with the COVID-19 virus' continued impact worldwide, and particularly in Italy, Yang Ming(YM) has...

THE Alliance updates 2020 Middle East service network

THE Alliance, which includes Hapag-Lloyd, Hyundai Merchant Marine (HMM), Ocean Network Express (ONE), and Yang Ming, today (24 February) announced updated details of its...
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Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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