Yang Ming to invest in newbuilds and staff as new chairman gets to work
Yang Ming’s new chairman, Tsai Feng-ming, has said that the Taiwanese mainline operator’s fleet plans ...
The ship-buying bonanza has continued with news of another order, this time for 10 neo-panamax vessels for Cosco Ship Holdings (CSH) from its sister company Cosco Shipping Heavy Industry (Yangzhou), in a $1.5bn deal.
The order, for six 14,092 teu vessels at $146m each and four of 16,180 teu at $155m each, will see the ships delivered to CSH from the end of 2023 through to the second half of 2025.
The company said, in a Hong Kong Stock Exchange filing, that ...
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