News

Yang Ming Charters 10 New Ships

On July 4th, 2018, Yang Ming Marine Transport Corp. (Yang Ming) entered into charter agreements with...

Yang Ming chairman Bronson Hsieh makes way for Cheng Cheng-Mount

“Taiwanese shipping line Yang Ming has appointed Cheng Cheng-Mount to succeed (Bronson) Hsieh Chih-Chien (pictured above) as its chairman and chief executive, from tomorrow.” See the original story at The Loadstar. Source: The Loadstar (JK)

Yang Ming breaks annual profit record in 2021

“Yang Ming Marine Transport Corporation has announced strong financial results for 2021, following the record figures of the liner industry.” See the original story at Container News. Source: Container News (JK)

Yang Ming box ship released by Australia after ‘unnecessary’ arrest

“Taiwanese shipping line Yang Ming has said normal cargo operations had resumed on the YM Eternity, which had been arrested in Sydney on Sunday.” See the original story at The Loadstar. Source: The Loadstar (JK)

Yang Ming box business sails into black, but ailing bulk unit sinks group profits

“Yang Ming’s box business swung into the black in the second quarter, contributing a profit of $18.6m despite a 15% reduction in container liftings.” See the original story at The Loadstar. Source: The Loadstar (JK)

Yang Ming boss claims Taiwanese carriers could earn more than banks in 2021

“Yang Ming chairman Cheng Cheng-mount said at a media briefing that with the liner industry heading...

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 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 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)

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 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...

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’ 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 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 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 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)

X-Press Feeders denies TransLiner speculation

X-Press Feeders, the world’s largest container feeder company, has denied the speculations published...

X-Press Feeders books six boxships at Zhoushan Changhong

Six 2,700 TEU containerships newbuilding orders were booked by feeder operator X-Press Feeders with Zhoushan Changhong International Shipyard. To learn more, see the original story at Splash 24/7. Source: Splash 24/7 (JB)

X-Press Feeders appoint new CEO

Shmuel Yoskovitz is set to become the new CEO of the Singapore-based feeder containership operator X-Press Feeders. This is following an announcement made by the company. See the original story at Splash 247. Source: Splash 247 (JK)

X-Press Feeders Abandons TransAtlantic Brand Name

**Singapore’s carrier X-Press Feeders will start operating under its own brand name the three servic...

WWF-Canada: Open-Loop Scrubbers Should Be Banned in Canadian Waters

“World Wildlife Fund (WWF) Canada, an international conservation organization, has supported a ban o...

Wuhan unveils multimodal ambitions

“Wuhan is eyeing more container routes as the Chinese river-port embarks on the second phase of a ri...

Wuhan New Port Construction Investment and Development Group to close four terminals

“As a part of regional ports optimisation plan, Wuhan New Port Construction Investment and Developme...

WTO: EU Wants to Join Japan in Complaint About Korean Shipbuilding Support

“The European Union has requested to join Japan in an ongoing complaint about alleged subsidies prov...

WTO: Coronavirus Trade Slump Likely to Exceed 2008 Global Financial Crisis

“World trade is expected is expected to fall by between 13% and 32% this year as the COVID-19 pandem...

WTO Analyses Potential Impact of Blockchain on International Trade

” The World Trade Organization (WTO) has published an analysis of the potential impact of blockchain...

WSJ: China Cosco Makes Sole Bid for Greek Port of Piraeus

APM Terminals and International Container Terminal Services didn’t submit binding bids

Chinese...

WSC welcomes PIL as new member

"Pacific International Lines (PIL) has joined the World Shipping Council (WSC) to cooperate for a sa...

WS2 Feeder – Matarani Second Call

The following advisory was published by Hapag-Lloyd:

We are glad to announce that the WS2 feeder...

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