Container lines still ordering more ships, despite falling spot rates
Liner operators and non-operating shipowners have continued to add to their already swollen orderbooks, despite ...
Yang Ming’s new chairman, Tsai Feng-ming, has said that the Taiwanese mainline operator’s fleet plans will start with replacing old ships.
Dr Tsai, formerly a professor at National Taiwan Ocean University, who took over from Cheng Cheng-mount in July, told local media that the proportion of Yang Ming-owned and chartered vessels must be adjusted.
According to Alphaliner, Yang Ming operates 94 ships, of 696,816 teu, comprising 57 owned ships (300,354 teu) and 37 chartered vessels (396,462 teu), which means that in terms ...
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