Yang Ming Marine Transport Corp. has added one new 11,000 TEU container vessel, namely YM Trillion, which is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. YM Trillion was named and delivered to Yang Ming at a ceremony held at Imabari Marugame Shipyard on 21 September. YM Trillion will be deployed on Yang Ming’s Trans-Pacific…
SeaPort Manatee, one of Florida’s largest deepwater seaports, has been awarded a federal grant of nearly US$12 million to advance a 67,000m² expansion of container yard facilities at Florida Gulf Coast trade gateway. The upgraded infrastructure of SeaPort Manatee is one of 26 projects for which a total of US$1.5 billion in Infrastructure for Rebuilding America (INFRA) grant funding was…
Yang Ming Marine Transport chairman Cheng Cheng-mount has asserted that the ongoing correction in container freight rates is just a blip and the market should not be worried that the segment could return to its pre-pandemic struggles. At an investment seminar organised by Taiwan Stock Exchange on 12 September, Cheng said that China’s Covid-19-related lockdowns had caused the decline in…
Descartes: August imports kept pace with July, down 1.8% y/y on tougher comps. Containerized goods are still flooding into the U.S. at a near-record pace. Port throughput in August came in just under all-time highs. The pileup of waiting ships off East and Gulf Coast ports remains almost as bad as ever. U.S imports totaled 2,529,042 twenty-foot equivalent units in…
Shanghai Port Northeast Asia Empty Container Transportation Center has officially started operations at the port of Shanghai, the busiest container port in the world. The new container facility covers an area of 450,000m² and has an annual handling box capacity of 3 million TEU. “The new center will help us to apply digitalised and intelligent management to promote communications between…
PhilaPort welcomed the arrival of the vessel Wan Hai 315 to the Packer Avenue Marine Terminal this week. The weekly Asia – America 9 (AA9) Service makes calls to Haiphong, Vietnam; Shekou (Shenzhen), Shanghai, and Qingdao, China; Kaohsiung, Taiwan; and Balboa, Panama on its way to Philadelphia. “The arrival of Wan Hai Lines’ AA9 Service gives shippers a better alternative for…
Yang Ming will add another new 11,000 TEU container ship to its fleet, named ‘YM Throne’. The vessel is chartered by Shoei Kisen Kaisha and has been built by Imabari Shipbuilding. Its naming ceremony was held at Imabari Hiroshima Shipyard. Hsieh-Lung Yeh, director general of the Bureau of the Maritime and Port Bureau, MOTC, was invited to officially name the…
Congestion on the US West Coast led to a sharp increase in both demand and capacity on the Asia-US East Coast routes. Quoting Sea-Intelligence data, Xeneta said that in the three months to July 24, capacity between Asia and the US East Coast was up 18.9% on-year to an average of 210,000 teu. “Compared to the average weekly capacity in…
Orient Overseas Container Line (OOCL) has decided to switch to Electronic Bills of Lading (eBL) in order to enhance the efficiency of the global supply chain, reduce its carbon footprint, and improve customer experience. OOCL’s eBL solution is powered by digital solutions provider IQAX Limited, and built on Global Shipping Business Network’s (GSBN) blockchain platform. OOCL said that by leveraging…
The Taiwanese container carrier Yang Ming has added a new 11,000 TEU class container vessel, named YM Tutorial, to its boxship fleet. The vessel is chartered by Shoei Kisen Kaisha and built by Imabari Shipbuilding. The name was given at a ceremony held at the Imabari Hiroshima Shipyard on 17 June and is expected to enter Yang Ming’s Transpacific West…
