Fines for shipping lines for past collusion on rates set to be confirmed
The hefty $81m in fines imposed by the Korea Fair Trade Commission (KFTC) on 23 ...
© Philippilosian
By Alison Koo
Yang Ming today announced plans to acquire 13 containerships ranging in capacity from 8,000 to 15,000 teu, as it expands into the India-Europe route.
The Taiwanese mainline operator said the newbuildings would be for fleet renewal and business development as it “proactively explored new markets”.
Citing India’s strong economic performance and its position as one of the fastest-growing major economies, Yang Ming announced it would join the India North Europe Express service unveiled by HMM on Tuesday.
The Taiwanese operator and ONE will ...
Comment on this article