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Yang Ming vessel (002).jpg Photo: Yang Ming

Yang Ming Marine opens jv depot in Port Klang

Yang Ming Marine Transport has jointly inaugurated a joint venture depot company at Port Klang, Malaysia with Taiwan Foundation International and local investors.

The joint venture, named Jambatan Merah Formosa Depot, will provide inland empty container depot and container maintenance and repair services.

Port Klang is a main port of call for Yang Ming.

The establishing of Jambatan Merah Formosa Depot, coupled with Yang Ming’s flexible service deployment and cooperative partners’ strengths, will enable the company to further integrate midstream and downstream businesses, and enjoy the advantage of cost reduction and profitability increase, said Yang Ming.

In 2018, Yang Ming set up a jv depot company in Surabaya, Indonesia to meet the growing demands from Southeast Asia market. The company will continue to look for cross-sector collaboration opportunities to enhance its competitiveness and service quality in the Southeast Asia market.

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