TS Lines

Yang Ming finally places order for five 15,000 teu newbuildings

Yang Ming is to finally make a long-awaited order for neo-panamax newbuildings, more than a year after its peers began fleet expansion amid rocketing freight rates.
On 14 January, the Taiwanese liner operator’s directors approved orders for five 15,000 teu ships, along with 20,000 new 40ft containers, to fulfil the company’s Asia-Europe and transpacific services, as well as for fleet renewal in the long term.
Yang Ming has been conservative in its …

The post Yang Ming finally places order for...

https://theloadstar.com/yang-ming-finally-places-order-for-five-15000-teu-newbuildings/

TS Lines-operated ship suffers wrecked bow in port mishap

A container ship operated by TS Lines sustained severe damage to its bow after an accident in Taichung port, Taiwan.

The Maritime Port Bureau stated that the 1,049 TEU feeder vessel, Asiatic Sun, knocked into Pier 8A on the morning of 26 December, around 7.33 am local time.

The boxship, serving a Taiwan-China-Japan-South Korea service, had arrived from Keelung and was supposed to dock at Pier 10. However, strong winds apparently caused the ship’s crew to lose control of the vessel, resulting in...

https://container-news.com/ts-lines-operated-ship-suffers-wrecked-bow-in-port-mishap/

TS Lines books four more newbuildings at Chinese yards

Taiwanese liner operator TS Lines has enhanced its fleet again with more newbuilding orders at Chinese shipyards.

The company’s chairman, Chen Te-sheng announced at a media briefing today (23 December) that it has ordered two more 7,000 TEU ships from Shanghai Waigaoqiao Shipbuilding, after commissioning four similar vessels in May.

Furthermore, TS Lines has returned to Fujian Mawei Shipbuilding for two more 2,900 TEU vessels, after the intra-Asia carrier made an initial order for four such...

https://container-news.com/ts-lines-books-four-more-newbuildings-at-chinese-yards/

Schoeller Holdings sells its boxship fleet in leaseback deal

Schoeller Holdings has sold its 17 containerships to China Development Bank Financial Leasing in a leaseback arrangement.
Included in the $142m transaction are four of Schoeller’s five tankers, which will also be leased back.
CDB Leasing said, in a Hong Kong Stock Exchange filing today, the ships would be leased back to the seller for three to five years, after which Schoeller may buy them back, after paying 20% of the financing …

The post Schoeller Holdings sells its boxship fleet in leaseback...

https://theloadstar.com/schoeller-holdings-sells-its-boxship-fleet-in-leaseback-deal/

Wan Hai boosts vessel-acquisition budget and takes over Yokohama terminal

Wan Hai Lines is splashing out on more asset acquisitions as it looks to strengthen its competitiveness amid a firming container shipping market.
The Taiwan carrier now has a war chest of $320m to acquire more pre-owned ships.
In 2020, when freight rates began rising, Wan Hai earmarked $360m to buy second-hand ships to expand its fleet: 12 were purchased and, in November, Wan Hai allotted another $200m to acquire more tonnage. …

The post Wan Hai boosts vessel-acquisition budget and takes over...

https://theloadstar.com/wan-hai-boosts-vessel-acquisition-budget-and-takes-over-yokohama-terminal/

TS Lines new service links China to New Zealand

The Taiwanese shipping line TS Lines has launched a new service that will connect Chinese ports with New Zealand.

The first container ship of the new service departed the port of Quingdao on Monday, 27 September and after calling four other ports in China, it will serve Tauranga and Auckland via Metroport.

The new TS Lines service will have the following rotation: Qingdao – Shanghai – Ningbo – Nansha – Shekou – Tauranga

The service is scheduled to be conducted once every two weeks until the middle...

https://container-news.com/ts-lines-new-service-links-china-to-new-zealand/

TS Lines recovers investment through record vessel charter

Taiwanese intra-Asia carrier TS Lines has recouped the US$6 million it paid to acquire a 2007-built, 2,500TEU ship, after chartering out the vessel for a record amount.

The company confirmed to Container News that the Republic of the Marshall Islands (RMI) flagged TS Manila was chartered to Chinese liner operator BAL Container Line for US$150,000 per day for 40 to 55 days.

The minimum hire period will enable TS Lines to recover the amount it paid to buy the ship from Osaka Asahi Kaiun last...

https://container-news.com/ts-lines-fixes-ship-to-bal-container-line-at-record-amount-recovers-investment/

TS Lines orders six 1,100TEU ships at Fujian Mawei

Taiwanese feeder operator TS Lines has ordered six 1,100TEU ships at China’s Fujian Mawei Shipbuilding as the company continues to increase its owned fleet.

The ships will be delivered in March 2023, while the newbuilding contract was inked on 5 August.

The vessels contracted at Fujian Mawei will be based on a design produced by the Shanghai Ship Research and Design Institute (SDARI). More than 100 ships of this design have been contracted and delivered.

The order comes two weeks after TS Lines...

https://container-news.com/ts-lines-orders-six-1100teu-ships-at-fujian-mawei/

TS Lines orders an additional 1,900TEU boxship

Taiwanese intra-Asia carrier TS Lines has ordered another 1,900TEU ship from CSSC Huangpu Wenchong Shipbuilding, adding to the four similar units that it has already ordered at the yard.

The newbuilding contract was signed on 20 July, on the same day that TS Lines took delivery of the 2,700TEU TS Nansha. The price was not disclosed but each of the 1,900TEU ships that TS Lines ordered earlier is now valued at around US$36 million.

TS Lines boss Chen Te-sheng said that he wants the company to raise...

https://container-news.com/ts-lines-orders-an-additional-1900teu-boxship/

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