News / Yang Ming splashes out on more containers, but no large newbuilds yet

16/08/2021

Yang Ming has followed its liner peers in ordering more containers to tide over the equipment shortage.

It has ordered 5,400 reefers, costing $35m-$40m, from Guangdong Fuwa Equipment Manufacturing and 7,870 dry containers from Cosco unit Dong Fang International at a price of $50-$55m.

Yang Ming however, said ...

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Gary Ferrulli
August 16, 2021 at 6:24 pm
The costs shown for the reefer containers are for the containers only, not the reefer units that adjust/maintain temperatures. Those are an additional $23-25 thousand each.

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