Yang Ming Marine Transport Corporation
Yang Ming Marine Transport Corporation (Chinese: 陽明海運; pinyin: Yáng Míng Hǎi Yùn) is a Taiwanese ocean shipping company which is based in Keelung, Taiwan (ROC).
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| Type | Private |
|---|---|
| Industry | Transport |
| Founded | 28 December 1972 |
| Headquarters | 271 Ming De 1st Road, , |
Area served | Worldwide |
Key people | Cheng-Mount Cheng(CEO) Patrick Tu (President) |
| Services | Shipping services, logistics services |
| Owner | Yang Ming Group |
| Subsidiaries | Kuang Ming Shipping Corp. Jing Ming Transport Co. Ltd Yes Logistic Corp. Yang Ming Cultural Foundation |
| Website | www.yangming.com (in English) |
Overview
The company was founded in 1972 as a shipping line, but has historical links through its merger with the China Merchants Steam Navigation Company (1872 - 1995), which dates back to the Qing Dynasty.
Yang Ming currently operates 101 container ships up to 14,000 twenty-foot equivalent units (TEU) and 17 bulk carriers.
As of mid-2019, Yang Ming operated a fleet of over 4.2-million-D.W.T / operating capacity 643 thousand TEU, of which container ships are the main service force.[1][2],
The Yang Ming Group includes a logistics unit (Yes Logistics Corp. and Jing Ming Transport Co.), container terminals in Taiwan, Belgium, Netherlands and the USA, as well as stevedoring services (Port of Kaohsiung, Taiwan). Yang Ming's service scope covers over 70 nations with more than 170 service points.
W class
On 10 March 2019, Yang Ming has welcomed two additional 14,000 TEU vessels in its fleet, mv YM Warranty and mv YM Wellspring.[3] The ships have been built in Japan at Imabari Shipbuilding, at a cost of nearly $99 million each. The additional tonnage is sister of the previously delivered mv YM Wellbeing, mv YM Wonderland and mv YM Wisdom.[4]
THE Alliance
Along with Hapag Lloyd, Ocean Network Express and Hyundai Merchant Marine, Yang Ming is a member of THE Alliance.[5]
THE Alliance is intended to provide 34 services directly calling at 81 different ports globally.
Under the scope of improving its network, an agreement with the Canadian Pacific Railway has been reached in late May 2019, to have containers moved by rail from Vancouver port eastbound towards all Canada.[6]
Facts
On 4 June 2018, 83 containers were lost at sea by mv YM Efficiency due to extreme rough weather conditions close to Australia, New South Wales coast,[7] that made the cargo break their lashing and fall into the waters. A safety warning had to be issued, as despite the fact that no dangerous goods were discharged into the sea, some medical and surgical items were noted floating and then recovered ashore, polluting a number of beaches.[8]
In between July and September 2018, Yang Ming agreed to offer a service from Taiwan, Keelung port to US for two batches of nearly 20 containers each, containing over 1700 unused Nuclear fuel rods, after Taiwan Power Company decided to close its fourth nuclear plant.[9]
Safety concerns for possible leakage of radioactive materials were raised, and the first shipment was attended by over 200 police officers and company officers.[10]
See also
References
- "Welcome to YM group world wide web". www.yangming.tw.
- "YangMing Marine Transport Corp". www.yangming.com.tw.
- http://www.seatrade-maritime.com/news/global-whispers/yang-ming-launches-two-more-14-000-teu-boxships.html
- https://www.seanews.com.tr/yang-ming-receives-two-14-220-teu-box-ships-built-at-imabari-yard-in-japan/182066/
- "THE Alliance". Joc.com. Retrieved 3 January 2019.
- https://www.nasdaq.com/press-release/cp-and-yang-ming-sign-longterm-agreement-to-connect-yang-mings-customers-with-north-american-markets-20190531-00288
- https://safety4sea.com/atsb-investigates-loss-of-containers-from-yang-ming-boxship/
- https://www.seanews.com.tr/yang-ming-cargo-ship-loses-83-containers-overboard-off-australia/176315/
- https://safetyatsea.net/news/2018/yang-ming-ships-nuclear-fuel-rods-under-heavy-security/
- http://focustaiwan.tw/news/asoc/201809050007.aspx
