SERVICES

Yang Ming charters two new 14,000-TEU ships

Taipei - Yang Ming will charter two new 14,000-TEU containerships named at a ceremonyat CSBC Kaohsiung Shipyard on May 18, the company said in a statement. The two ships are the last of five being built for the the troubled Taiwanese shipping company

Taipei - Yang Ming will charter two new 14,000-TEU containerships named at a ceremony at CSBC Kaohsiung Shipyard on May 18, the company said in a statement. The two ships are the last of five being built for the the troubled Taiwanese shipping company. The “YM Wind” is owned by the containership chartering company Seaspan, while the “YM Wreath” is owned by GCI Group, and will be managed by Seaspan.

The charters are part of overall efforts by the company to “enlarge the fleet and lower the average age of its ships,” Yang Ming said. “With the deployment of these new vessels, Yang Ming could get more strength in the competitive market.”

The two ships will be deployed in services operated by THE Alliance, Yang Ming’s vessel sharing partnership with Hapag-Lloyd of Germany and Japanese carriers NYK, MOL and “K” Line.

“YM Wind” is to be deployed in the FE3 service, which has a port rotation of Hong Kong, Xiamen, Kaohsiung, Yantian, Rotterdam, Hamburg, Antwerp, London Gateway, Piraeus, Singapore, and Hong Kong.

“YM Wreath” is to be deployed in the MD3 Service, which has a port rotation of Pusan, Shanghai, Ningbo, Yantian, Singapore, Jeddah, Ashdod, Piraeus, Istanbul, Aliaga, Mersin, Jeddah, Singapore, Kaohsiung, and Pusan.

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