Yang Ming to order 13 newbuild box ships for fleet renewal and new markets
Yang Ming today announced plans to acquire 13 containerships ranging in capacity from 8,000 to ...
Taiwanese ocean carrier Yang Ming has become the latest container line to report a heavy loss in the second quarter of the year, posting a net deficit of $129m.
It means that all three members of THE Alliance vessel-sharing agreement have now posted negative results for the period.
Yang Ming attributed its loss in Q2 to “unexpected higher fuel prices” and an “oversupply of tonnage”.
It said its average fuel price had jumped by 25%, compared with the same quarter the year before, and ...
Maersk eyes 'cut and run' moves as port congestion brings delays
Maersk skips call at Rotterdam as labour issues bring delay
Blanked voyages fail to halt sliding spot rates, and March GRIs will be resisted
U-turn on de minimis ban, following 'processing issues', as trade war heats up
Metals tariff rocks auto industry, and Trump smiles on bribes in foreign deals
CBP won't be ready for flood of extra processing after de minimis pause
Near-shoring drives Mexican warehouse space to historic lows
Ecommerce platforms cancel flights and slash capacity – market is 'a mess'
Comment on this article