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TS Lines to upgrade fleet for business expansion

TS Lines to upgrade fleet for business expansion
Taiwan-based container ship operator TS Lines plans to expand its core business from mainland to Asia and upgrade its fleet.

The company will upgrade the size of containerships deployed for several routes of Korea-China-Malaysia, Korea-China-India-Pakistan and Australia from 2,800 teu to 4,250 teu; 5,000 teu to 6,500 teu and 4,250 teu to 5,500 teu separately. It will assign 4,250 teu container ships for its new route of China-Malaysia 3 (CM3).

The company also plans to newly launch the shipping route for China - Ho Chi Minh City and deploy more ships for Japan-Singapore/Malaysia, disclosed by TS Chen, ceo of TS Lines.

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According to Chen, the company is considering an order of new container ships between 1,000 teu and 2,800 teu this year, aims to have a self-owned fleet of 18 ships in the coming years.

TS Lines, established in 2001, is the fourth largest ocean freight company in Taiwan. The company currently operates a fleet of 37 container ships, including six self-owned containerships.

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