Yang Ming Line

Yang Ming Container Ship

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 TEUs. Over 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).

27 Jul 2021
The reopening of the US and European economies after last year’s COVID-19 lockdowns spurred a resurgence in the trans-Atlantic container trade as business activity in two of the world’s largest economies showed better than expected growth in May, with increases concentrated at US ports that have undergone major expansions.
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.
22 Jan 2017
Taiwanese carrier Yang Ming Line tells customers of plans to improve its liquidity and stem the tide of losses.
14 Dec 2016
The fight between the three major shipping alliances on US trades officially starts in April.
06 Dec 2016
The original language would have expanded the antitrust immunity of container shipping alliances.
29 Nov 2016
US Federal Maritime Commission member William Doyle said the FMC should be “very cautious” about allowing container lines to use their alliances’ antitrust immunity to deal collectively with US service providers.
16 Nov 2016
Just days after Taiwan’s leading container lines reported tumbling revenue and profit, the Taiwanese government said it will provide billions of dollars in financial support.
15 Nov 2016
Profits for the January through September period at Evergreen and Yang Ming have fallen sharply compared with the first nine months of last year.
08 Nov 2016
THE Alliance on Tuesday announced details of its network of routes and port calls.
03 Nov 2016
Yang Ming Line Chairman Bronson Hsieh has dismissed market speculation that his Taiwan line could merge with Evergreen Marine.
21 Oct 2016
A group of Asian container lines is injecting capacity into the Asia-Australia trade.
15 Sep 2016
The Busan Port Authority will offer discounts to CKYE Alliance members in a bid to keep Busan’s cranes busy.
It wasn't hard for shippers to find trans-Pacific capacity after Hanjin Shipping went bankrupt, and it's about to get easier still.
14 Sep 2016
Hanjin Shipping’s collapse has set off a rush by other container lines to add services and “extra loader” voyages.
10 Aug 2016
Three intra-Asia container liners are teaming up to link China and Vietnam through two different loops.
23 Jun 2016
Evergreen veteran takes over as Yang Ming's new chairman.
23 May 2016
Though a recently formed container line alliance appeared to be hastily thrown together, it is planning an extensive and trouble-free integration of its fleet.
18 May 2016
Taiwan’s top three container lines reported dismal first-quarter results.
THE Alliance Mitsui O.S.K Lines, NYK Line, "K" Line, Hanjin Shipping , Hapag-Lloyd and Yang Ming Line
13 May 2016
The line up of the new alliance aimed at competing with the 2M and Ocean Alliance has been announced.
12 May 2016
Five non-vessel-operating common carriers and forwarders have paid the U.S. Federal Maritime Commission to settle allegations they misrepresented cargo to carriers.
29 Apr 2016
Hermann Yu, president of the Taiwanese container line Yang Ming Marine Transport, died at home on April 27, the company has announced. He was 59.
09 Mar 2016
The CKYHE Alliance is reorganizing its service network for Asia-Europe and Asia-Mediterranean trades as the carriers try to counter the weak demand and excess capacity that is plaguing the route and dragging down freight rates.
16 Feb 2016
CMA CGM and Cosco are leading efforts to create a new vessel-sharing alliance that could include Evergreen Line and OOCL and would shake up three of the four major east-west carrier groupings, the Alphaliner newsletter reported.
30 Dec 2015
China Airlines, Yang Ming Line and Chungwa Post, Taiwan’s national postal service will cooperate on sea and air freight services to better compete in the booming e-commerce market in Asia.
26 Nov 2015
The sharp decline in net income of Taiwan’s top three carriers through the course of the last three quarters gives a clear picture of the container shipping industry’s rapidly deteriorating operating environment.
11 Sep 2015
The vessels, priced at $125 million each, are scheduled for delivery in 2018 and 2019.
15 Jul 2015
The three largest Taiwanese carriers, Wan Hai, Yang Ming and Evergreen Line saw their January to June revenues increase year-over-year, largely due to growing intra-Asia trade.
Yang Ming container ship in Oakland port
18 May 2015
Taiwan’s three top lines became the latest carriers to join the black numbers club, all recording net profit for the first quarter on the back of rising revenue and falling operating costs.
Yang Ming Line container ship
16 Apr 2015
Yang Ming Line, Wan Hai Lines, Pacific International Lines and Cosco Container Lines have jointly kicked off a new container service between the Far East and the Middle East.
27 Mar 2015
OOCL and Yang Ming Line have expanded their joint China-Pakistan Express (CPX) Service by adding a direct call at Adani Hazira Container Terminal, a private facility in West India, starting in mid-April.
26 Jan 2015
The new carrier mega-alliances are set to shake up market share on the key Asia-North Europe liner trade while shippers will benefit from a greater choice of services, and probably lower freight rates, according to Drewry Shipping Consultants.
13 Jan 2015
Yang Ming Line has become the fourth carrier to offer a Richmond, Virginia, bill of lading for service on the James River container-on-barge service linking Richmond with Hampton Roads marine terminals.
13 Jan 2015
The YM Enlightenment, the third in a series of five identical 4,662-TEU container ships, was recently christened by Yang Ming Line at CSBC Corp. Taiwan’s Kaohsiung shipyard in China.
17 Dec 2014
Another set of historic rate increases are on tap for the trans-Pacific, as the 15 members of the Transpacific Stabilization Agreement announced hikes totaling $1,000 per FEU.
04 Dec 2014
The CKYHE Alliance this week received U.S. regulatory approval to further integrate its newest member, Evergreen Line, into its vessel-sharing agreement covering the trans-Pacific and trans-Atlantic trade lanes.