News / Despite drop in revenue, Yang Ming pushes on with plan for greener fleet

Yang Ming is pressing ahead with plans to build five 15,000 teu LNG-powered containerships, despite the Taiwanese liner’s revenues plunging across the final quarter of last year.

Figures from the Taiwan Stock Exchange show Yang Ming’s cumulative turnover in the period was 42% below Q4 21, at TW$60bn ($1.96bn).

Yang Ming is the first Taiwanese line to invest in LNG-fuelled ships, but the company has yet to settle on a shipbuilder. A spokesperson told The Loadstar the company’s plans for its fleet were in ...