Thursday, August 28, 2025
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Tag: Yang MIng

Yang Ming marginally profitable in 2023

Yang Ming Marine Transport Corporation achieved consolidated revenues of US$4.51 billion and after-tax profits of US$153.26 million. "Amidst inflation and economic growth slowdown in 2023,...

Peak in scrubber-installed boxship fleet

The number of scrubber-fitted container ships is now at an all-time high of 36% of the global boxship fleet, due mainly to MSC's preference...

Contrasting schedule reliability in Taiwan’s container lines

Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and...

Yang Ming not tempted to charter ships amid Red Sea crisis

Taiwanese liner operator Yang Ming Marine Transport will not follow its peers and charter in more ships to capitalise on the Red Sea crisis. Speaking at...

THE Alliance temporarily halts AR1 service due to Red Sea crisis

THE Alliance, including Hapag-Lloyd, ONE, Yang Ming and HMM, has announced the temporary suspension of AR1 service due to recent Red Sea tensions. "Due to...

THE Alliance reaffirms “unwavering cooperation” in 2024

The members of THE Alliance have published a joint release to emphasize their commitment to continue their collaboration and operations as usual in 2024. This...

Hapag-Lloyd’s departure shakes-up THE Alliance

Shipping pundits are expecting liner alliances to be redrawn, after Maersk Line and Hapag-Lloyd announced on 17 January that they will form Gemini Cooperation...

Carriers sought to up market share despite challenging 2023

The year 2023 saw a race involving mainline operators’ market positions, according to Alphaliner. Mediterranean Shipping Company overtook Maersk as the world’s largest container carrier...

THE Alliance announces updated service network for 2024

THE Alliance, including Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, has reconfigured its service network setup. The updated services will be effective from...

Yang Ming receives 2,000 new reefer boxes

Carrier Transicold provided 2,000 PrimeLINE refrigeration units, featuring its Lynx Fleet digital solution, to Yang Ming Marine Transport Corp. With this new addition to its...
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Elcome International has signed a milestone agreement with a Middle East-based shipowner to retrofit boiler control systems across a fleet of ten crude tankers...

KCCI down as Ex-Busan rates continue to slide

The KOBC Container Composite Index (KCCI) fell 2.66% week-on-week to 1,940 points on Monday, according to Korea Ocean Business Corp. (KOBC). Spot container rates...

MARAD celebrates christening of new national Security multi-mission vessel

The U.S. Maritime Administration (MARAD) has christened the third National Security Multi-Mission Vessel (NSMV) at Hanwha Philly Shipyard. Built for Maine Maritime Academy, the...

Eimskip reports solid Q2 results

Eimskip delivered solid results in the second quarter, supported by strong growth in container liner services and increased activity in logistics, although a significant...
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