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.
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Yang Ming Line
Yang Ming Line
Yang Ming Marine Transportation Corp. is a global shipping and logistics services company. Founded in Taiwan in 1972, Yang Ming now operates more than 90 container vessels with a combined capacity of more than 388,000 TEUs (20-foot-equivalent units).
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Jan 31, 2019 11:00AM EST
Feb 21, 2019 10:00AM EST
Mar 14, 2019 2:00PM EDT
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.
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.
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.
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.
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.
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.
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.
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.
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.
14 Sep 2017
US maritime regulators on Thursday voted to allow ocean carrier members of THE Alliance to form an emergency fund.
11 Aug 2017
Debt-stricken carriers Yang Ming and HMM have used government support and the improving market conditions to raise revenue, cut costs, and pare down debts.
22 Jun 2017
The Taiwanese carrier announced the recapitalization plan in late 2016.
11 May 2017
Yang Ming’s report of improving financial conditions comes a week after shares resumed trading on the Taiwan Stock Exchange on May 4.
04 May 2017
Yang Ming Marine Transport Corp, stock code 2609, is trading again on the Taiwan Stock Exchange after a two-week suspension.
26 Apr 2017
Trading in Yang Ming stock on the Taiwan Stock Exchange was suspended last week.
25 Apr 2017
Yang Ming has managed to beat the market on the trans-Pacific eastbound in the first quarter as the carrier tries to restore shipper confidence following its recent share trading suspension.
21 Apr 2017
Shipper concerns over the financial viability of the carriers they use has heightened after Hanjn Shipping collapsed last year.
29 Mar 2017
The report of deep losses comes as the Taiwanese government pressures the carrier to reform or face a considerable shakeup.
09 Mar 2017
THE Alliance on Thursday released details on its 32 joint services.
08 Mar 2017
The new alliances begin operations on April 1, but an analysis of the networks reveals a surprising cut in the number of direct port-to-port connections.
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