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YM vessel explosion at Ningbo-Zhoushan port raises serious safety concerns

Antonis Karamalegkos - 0
A major explosion has occurred on a Yang Ming boxship while berthed at the port of Ningbo-Zhoushan in China in another incident that raises...
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Container explodes on Yang Ming ship in Ningbo

Container News Team - 0
One of Yang Ming Marine Transport’s ships suffered an explosion today (9 August) around 1.40 pm local time, while berthed in Ningbo, China. Video footage...
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Taiwanese government to back Yang Ming’s fleet expansion

Container News Team - 0
Taiwan’s Transportation and Communications Minister Li Meng-yen said at a press conference on 30 July that with Yang Ming Marine Transport’s change of management,...
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Yang Ming appoints new Chairman

Antonis Karamalegkos - 0
Taiwan-based container shipping company Yang Ming Marine Transport Corporation has elected Professor Feng-Ming Tsai as its new Chairman. The decision, effective immediately, was taken in...
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Shifts in Container Rankings: ZIM surpasses Yang Ming, CMA CGM set to overtake Maersk

Container News Team - 0
MSC and ZIM Line are the fastest-growing mainline operators, according to the latest Alphaliner’s report. MSC’s fleet has now crossed the 6 million TEU mark,...
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Yang Ming starts sustainable biofuel initiative for net-zero by 2050

Ioanna Kontos - 0
Starting this year, Yang Ming Marine Transport Corporation has begun fuelling its fleet with sustainable biofuel, a step towards its sustainable development strategy, achieving...
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Yang Ming denies “self-enrichment” of head honchos

Container News Team - 0
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...
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Yang Ming to join league of 24,000 TEU ships

Container News Team - 0
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...
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Yang Ming predicts rare fifth consecutive profitable year

Container News Team - 0
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...
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Yang Ming reports Q1 financial results

Container News Team - 0
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...
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Port of Long Beach appoints new managing director of engineering services

Port News Alexandros Itimoudis - 0
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...
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DP World and J.P. Morgan launch partnership

News Alexandros Itimoudis - 0
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...
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Red Sea shipping traffic rebounds as Houthis limit targets

News Alexandros Itimoudis - 0
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...
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CMA CGM applies new surcharge from Far East to West Africa

Rates & Surcharges Container News Team - 0
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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