Yang Ming Line

Yang Ming Marine Transportation Corp. is the largest Taiwan-based global shipping logistics services company, operating a fleet of more than 100 vessels [101, as of Nov. 18], with a combined oprating capacity 643,000 TEUsOver the first nine months of 2018, Yang Ming was ranked ninth among all carriers in U.S containerized import trade, with volume of over 700,000 TEUs, up 4 percent year-over-year, for a 4 percent share of that market. Over the same period, Yang Ming also ranked in ninth spot among carriers of U.S. containerized export trade, with volume of over 350,000 TEUs, up 0.2 percent, year-over-year, for a 3.7 percent share of that market. 

Although Yang Ming Line is Headquartered in Keelung, Taiwan, it opeates numerous services that link Taiwan with mainland Chinese ports such as Shanghai, Ningbo, Xingang and Shekou. Other services link container ports in Japan, South Korea, and Southeast Asia with other ports in Europe (Antwerp, Hamburg, Rotterdam), Prince Rupert (Canada) and the U.S. (Oakland, L.A.)  Yang Ming is also a member of The Alliance, along with Hapag-Lloyd and Ocean Network Express (ONE),

13 Aug 2019
Yang Ming improved its revenue and volume in the first half of the year, but the Taiwanese carrier raised concerns over growing capacity and weaker demand.
The new oligopoly of container shipping
04 Jul 2019
Carriers and shippers alike must adapt to the new realities of a container shipping market in which only a handful of large players control the vast majority of capacity.
16 May 2019
In the latest step in the ocean carrier’s transformation into a “global integrator” of container logistics, Maersk Line has folded in the inland services formerly operated by APM Terminals.
14 May 2019
Adding five new members may give the Digital Container Shipping Association the quorum needed to press forward with the development of standard data protocols.
A container ship.
19 Dec 2018
After a year of dismal schedule reliability, carriers have revised their networks in an attempt to improve service levels, but standing in the way are significant challenges.
30 Nov 2018
The cuts come even amid reports of Brazilian coffee and cotton exporters scrambling for outbound capacity out of the ports of Santos and Vitoria.
Container ship bunkering.
12 Nov 2018
Rising volume and revenue by shipping lines — often double-digit increases year over year — has not been accompanied by rates rising to levels that are able to offset the effects of steadily escalating bunker fuel costs.
Yang Ming,
07 Nov 2018
While container shipping fundamentals are improving, 2019 holds major challenges for ocean carriers.
06 Nov 2018
A report on the status of instant quotes in container shipping.
Cargo and blockchain technology.
06 Nov 2018
The new consortium, powered by Oracle Cloud Blockchain Service, involves CMA CGM, Cosco Shipping (and subsidiary brand OOCL), Evergreen Marine, and Yang Ming, and the lines represent about one-third of total global container ship capacity.
A Yang Ming ship.
10 Aug 2018
“While we are seeing others in the container ship industry face similar struggles, Yang Ming anticipates a healthier second half, driven by an improving supply and demand ratio,” the ocean carrier said.
The Port of Oakland.
01 Jun 2018
Ocean carriers’ fixed costs rose in the first quarter, and surcharges ensued. However, the hikes occur even as the surplus capacity issue lingers, prompting debate regarding whether carriers can maintain the surcharges.
A Hapag Lloyd ship.
15 May 2018
Higher costs have weighed on results, slightly offsetting the positive impact of stronger volumes. Still, a key CEO offered an encouraging evaluation regarding the second half of 2018.
Port of Oakland.
29 Mar 2018
After six years of losses, the container shipping industry ended 2017 with a profit of about $7 billion. Financial reports of the 13 carriers do show improvement but do not yet reflect a full recovery — a recovery that should continue in 2018, given the strengthening global economy, unless political issues intervene.
Yang Ming.
26 Mar 2018
Taiwan's Yang Ming has completed a profitable 2017 on the back of a stronger container market and a recapitalization plan.
08 Dec 2017
The capital injection from 257.7 million new common stock shares, at 10.18 New Taiwan dollar per share (about $0.34) is the third stage in the company’s recapitalization effort.
27 Nov 2017
The cash infusion surpassed the company’s initial goal of raising $165 million.
15 Nov 2017
Yang Ming and HMM have said it is too early to confirm whether mega-ships will be included on their order books.
09 Nov 2017
Yang Ming reports a third-quarter profit on higher volume and freight rates, after 10 loss-making quarters.