News / Yang Ming keen to expand its fleet, but remains cautious on newbuilds

Yang Ming chairman Cheng Cheng-mount said that the company would “definitely order” newbuildings to maintain its position in THE Alliance, but pricing had to be considered.

At a local shipping forum yesterday, Mr Cheng said the carrier was also open to chartering more ships and buying second-hand vessels.

Six 11,000 teu ships Shoei Kisen Kaisha is building for long-term charter to Yang Ming will be delivered by next year.

But former chairman Bronson Hsieh noted that Yang Ming was the only one of ...