News

Yang Ming boss Cheng attempts to calm employee anger over bonus disparity

“Yang Ming management is urging staff not to compare their bonuses with those of fellow Taiwanese line Evergreen, some of whom received cash equivalent to 40 months wages.” See the original story at The Loadstar. Source: The Loadstar (JK)

Yang Ming Announces the Completion of Rights Offering

Yang Ming Marine Transport Corp. (YM) announces today that it has completed the rights offering by i...

Yang Ming Announces New China-Thailand Direct Service

The following release was published by Yang Ming:

Under the impact of rising global trade tension...

Yang Ming Announces Financial Status for Q2 2023

The following release was published by Yang Ming:

Yang Ming Marine Transport Corporation (Yang...

Yang Ming and THE Alliance introduce weekly PS8 Prince Rupert service

The Port of Prince Rupert, DP World Prince Rupert and CN (TSX: CNR) (NYSE:CNI) are pleased to announ...

Yang Ming and ONE Announce Their Transpacific Network for 2025

The following advisory was published by ONE:

Ocean Network Express (ONE) is proud to announce i...

Yang Ming and HD Hyundai Heavy Industries Signed Contract for Five New 15,500 TEU LNG Dual Fuel Container Vessels

The following release was published by Yang Ming:

Yang Ming Marine Transport Corp. (Yang Ming)...

Yang Ming and Evergreen set to order feeders from local shipbuilder

"Taiwan carriers Yang Ming and Evergreen are to order up to 21 feeder ships for intra-Asia routes."...

Yang Ming and Evergreen join Taiwan’s first finance blockchain group

“Taiwanese liner operators Yang Ming Marine Transport and Evergreen Marine Corporation have joined their country’s first financial blockchain platform.” See the original story at Container News. Source: Container News (JK)

Yang Ming All Set to Rejuvenate Fleet with 20 Boxships

“Taiwanese shipping company Yang Ming Marine Transport Corporation has received a green light from i...

Yang Ming adds two new vessels to fleet

“Yang Ming Marine Transport will add two new 11,000 TEU container vessels, ‘YM Triumph’ and ‘YM Truth’ to its fleet.” See the original story at Port Technology. Source: Port Technology (JK)

Yang Ming adds last 11,000 TEU newbuild to fleet

"Yang Ming Marine Transport Corp. (Yang Ming) has welcome its newest 11,000 TEU containership YM Tri...

Yang Ming 'under pressure' from shippers demanding contract rate cuts

"Yang Ming chief operating officer Chang Chao-feng has admitted that, as spot rates fall, the carrie...

Yanbu port receives Jeddex service maiden call

“Gulf Stevedoring Contracting Company (GSCCO), part of the Gulftainer group of companies, has welcom...

XVELA and Hapag-Lloyd to Rollout Supply Chain Platform

“XVELA, a provider of cloud-based networks for the maritime industry, has announced that Hapag-Lloyd...

Xu Lirong to Head COSCO-CSC Conglomerate

**Xu Lirong, group chairman of China Shipping Company, will head the newly combined China Cosco Ship...

Xinsheng port launches trial operations

“Xingsheng port, located in Chongqing, southwest China, has started the trial operations.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

Xiamen port upgrades facility at Haicang

“China’s southern Xiamen port is upgrading its facilities at Haicang and will expand the Haicang shi...

Xiamen port to add new automated container berth

“China’s Xiamen port has received approval from the Ministry of Transport to construct a new automated container berth.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

Xiamen Port successfully carried out the "double berthing" operation of ships

The following release was published by Xiamen Port:

Recently, at berth 12# of Haitian Wharf, Do...

Xiamen Port inks cooperation agreement with PSA in Singapore

"The Southern Chinese port of Xiamen inked cooperation agreement with PSA International to establish...

Xiamen port adding four large container berths

"Chinese port operator Xiamen port is going to invest RMB11.8bn ($1.71bn) in the construction of fou...

Xiamen port added to ONE’s reefer imports suspension list

“Ocean Network Express (ONE) has halted the acceptance of bookings for reefer imports to Xiamen in C...

Xeneta: Carriers drive up ocean freight rates on main Far East to USWC trade with savvy capacity cuts

"After a year of plunging ocean freight rates, carriers appear to have turned the tide on the key Ch...

Xeneta Sees Freight Rates Rising Further Amid Red Sea Crisis

"Shipping rates are expected to continue their upward trend in early February due to the ongoing cri...

Xeneta container freight update: Spot rates rally on key Far East trade lanes after latest GRI moves

"Spot rates for containerized ocean freight have climbed across three leading Far East export corrid...

Xeneta analysis reveals 50 per cent drop in container rates in 2023

"The carrier industry has taken another major hit in June, with the latest data from Xeneta’s Shippi...

xChange: There Is No Such Thing as Too Many Players and Platforms

Last year, container shipping heavyweights including MSC, Maersk, CMA CGM and others,joined fo...

xChange: Empty Containers Piling Up in Shanghai

“Empty containers are piling up in Shanghai, the world’s biggest port, according to the data from xC...

X-Press: Enhancing our Straits of Malacca coverage

The following customer advisory was published by X-Press Feeders:
X-Press Feeders is enhancing...

X-Press Pearl salvage expected to be complete in April 2023

“The salvage of X-Press Pearl is expected to be completed in April 2023, after the first of four phases have been almost completed.” See the original story at Container News. Source: Container News (JK)

X-Press Pearl owners insist there is no pollution as stricken vessel starts to sink

“The owner of the X-Press Pearl has insisted there is currently no sign of pollution as the vessel s...

X-Press Pearl loss will add to insurers’ container ship headaches

“The possible total constructive loss of the X-Press Pearl stands to be the latest in a line of container ship losses for the insurance industry.” See the original story at Hellenic Shipping News. Source: Hellenic Shipping News (JK)

X-Press Pearl insurer agrees to pay initial compensation claim

“Insurers of the feeder containership MV X-Press Pearl, which was hit by a fire before it sank off C...

X-Press Pearl captain and chief engineer detained in police probe into fire

“The captain of the X-Press Pearl, which has been burning off the coast of Colombo, Sri Lanka for ne...

X-Press Pearl ‘a total loss’ and hits rock bottom, despite efforts to move it

“The smouldering wreck of the X-Press Pearl has settled onto the ocean floor after water flooded the engine room, according to the latest information from its owner’s spokesman.” See the original story at The Loadstar. Source: The Loadstar (JK)

X-Press opts for carbon capture technology for more of its feeder fleet

“With new regulatory standards for the efficiency of vessels looming next year, shipowners and opera...

X-Press Feeders’ methanol-fuelled newbuildings are Europe-bound

"X-Press Feeders’ 14 methanol-fuelled newbuildings will serve European routes, the world’s largest f...

X-Press Feeders’ boxship pair opts for water lubricated propeller shaft

“Two of Singapore-based X-Press Feeders’ container vessels have made the move to a complete water lubricated propeller shaft, supplied by Thordon Bearings.” See the original story at Port Technology. Source: Port Technology (JK)

X-Press feeders: Launch of direct Jebel Ali , Umm Qasr Service (JUX)

X-Press Feeders is pleased to announce our new fixed day twice-weekly service with port rotation of...

X-Press Feeders vessel loses power after engine room fire

"One of X-Press Feeders' ships remains anchored off Karwar in India, after a fire broke out in its e...

X-Press Feeders unveils first methanol dual-fuel ship built in China

"X-Press Feeders, the world’s largest independent common carrier, has unveiled what the first of 14...

X-Press Feeders to charter 7,000TEU newbuildings from Eastern Pacific

“Eastern Pacific Shipping (EPS) has ordered four 7,000TEU container ships at China’s New Times Shipb...

X-Press Feeders tipped to buy Singapore’s TransLiner

The battle for feeder supremacy has taken another turn with reigning champion X-Press Feeders lining...

X-Press Feeders Signs MOU with Six European Ports for Green Shipping Corridors

The following release was published by X-Press Feeders:

X-Press Feeders, the world’s largest in...

X-Press Feeders signs deal for decarbonisation platform on 100+ vessels

"Technology company ZeroNorth has signed a new deal with X-Press Feeders to deploy the ZeroNorth pla...

X-Press Feeders sees Chittagong losses rise thanks to locals-only rule

"Three X-Press Feeders’ container vessels are facing severe service disruption in Chittagong port du...

X-Press Feeders retakes top feedering spot

"X-Press Feeders has regained the top spot from DP World unit Unifeeder as the world‘s largest commo...

X-Press Feeders purchase adds to fleet growth

“Singapore-based X-Press Feeders, the largest common feeder operator, has purchased a 3,158TEU newbuilding, adding to its fleet expansion.” See the original story at Container News. Source: Container News (JK)

X-Press Feeders makes first compensation payment to Sri Lankan government

“X-Press Feeders has made an initial payment of $3.6 million to the Sri Lankan government following the fire and the sinking of the X-Press Pearl.” See the original story at Port Technology. Source: Port Technology (JK)