Yang Ming Marine Transportation Corp has announced a reorganisation of its Asian service network in view of the “rising global trade tensions”.
The global container shipping market is expected to stay on a recovery course this year with demand growth predicted to outpace supply growth, according to Yang Ming Marine Transport Corp chairman Bronson Hsieh.
Taiwan’s carrier Yang Ming Marine Transport Corp has exercised an option to charter four more 11,000-teu newbuild containerships from Japan’s Shoei Kisen Kaisha for a 10-year period.
Four Taiwanese maritime companies have formed an alliance to provide services to the country’s emerging offshore wind energy sector.
The four-member Ocean Alliance and Yang Ming have teamed up to establish a global blockchain-based open platform to simplify and expedite cargo and data flows.
Container carriers Yang Ming Marine Transport Corp, TS Lines and Korea Marine Transport Co (KMTC) have announced the introduction of a new East Asia route covering South Korea, Taiwan and Hong Kong from August 2017.