"Yang Ming Marine Transport Corporation (Yang Ming) held its 402nd Board Meeting, April 17, 2025, and approved to an extension of the lease of Terminal No.70 at Kaohsiung Port for another 20 years through its wholly owned subsidiary, Hong Ming Terminal & Stevedoring Corp. The renewal of the lease will help maintain service stability and efficiency within Yang Ming’s intra-Asia service network. In addition to enhancing the Company’s overall competitiveness, the Board also approved the plan to build a batch of new containers to replace aging units, accommodate business development, and improve service quality." Read the original story at: AJOT.
Source: AJOT