Yang Ming inaugurates service of new vessel

Taipei Times
Date: Apr 17, 2015
By: Amy Su  /  Staff reporter, in Kaohsiung

Yang Ming Marine Transport Corp (陽明海運), the nation’s second-largest container shipper

YM Wish, Yang Ming Marine Transport Corp’s first 14,000 TEU container ship, is docked in Kaohsiung yesterday.  Photo: Wang Yi-hung, Taipei Times

YM Wish, Yang Ming Marine Transport Corp’s first 14,000 TEU container ship, is docked in Kaohsiung yesterday. Photo: Wang Yi-hung, Taipei Times

in terms of fleet scale, yesterday launched the service of its first 14,000 twenty-foot-equivalent units (TEU) vessel in Kaohsiung Harbor.

The YM Wish (登明輪) is currently the largest container ship in its fleet, with the company set to take delivery of another 14 vessels by the end of next year through a lease deal inked with Seaspan Corp — a Canada-based independent container ship owner.

“The introduction of these new vessels will help the company upgrade its fleet,” Yang Ming chairman Frank Lu (盧峰海) told reporters at a ceremony to mark the ship’s maiden voyage.

With lower operational costs and more efficient energy usage, the 15 new vessels could help the company save up to NT$6 billion (US$191.98 million) annually in the future, with total savings this year expected to reach NT$2 billion, Lu said.     [FULL  STORY]

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