Yang Ming’s chairman Tsai Feng-ming says the Taiwanese carrier is feeling the heat from compatriot peer Wan Hai Lines’ aggressive newbuilding spree, reports the Loadstar.
Yang Ming to Expand Fleet with New Orders and ChartersYang Ming’s only new buildings are five 15,500 teu ships commissioned in May 2023, while, Wan Hai, widely tipped to join one of the container shipping alliances next year, has 30 vessels on order, amounting to 308,339 teu.
Speaking at the National Association of Chinese...
https://mfame.guru/yang-ming-extends-charters-plans-new-orders/