Wan Hai has obtained a TW$11 billion (US$340 million) loan from a syndicate of four Taiwanese banks to upgrade Terminal 5 in Kaohsiung Port.
Mega Bank is the lead lender with the syndicate comprising Land Bank of Taiwan, Bank of Taiwan and First Commercial Bank.
Wan Hai is taking over operations of Terminal 5 from Evergreen Marine Corporation, which shifted to Terminal 7.
The Taiwanese regional carrier’s upgrades will see Piers 79, 80 and 81 in Terminal 5 equipped...
La era No-COVID impulsa a 4 líneas navieras asiáticas hacia beneficios operativos y de retorno positivos, según Alphaliner:
Esta entrada 4 Líneas Navieras Asiáticas Reportan Beneficios Operativos y de Retorno Aparece primero en FullAvanteNews.
Taiwan’s container carrier Wan Hai Lines held ship naming ceremonies for its new container ships, Wan Hai 372 and Wan Hai 376.
The two vessels are in the series of 3,055 TEU boxships built by Japan Marine United Corporation ARIAKE Shipyard.
TSENG, LING-LIN, spouse of Steve Chang, Executive Vice President Commercial Department of Oriental Petrochemical (Taiwan) Co., Ltd. and YINGYING CHENG, spouse of AKITATSU SUZUKI, President of UNEI SHOJI CO., LTD, christened these two vessels respectively...
https://container-news.com/wan-hai-lines-names-new-boxships/
Wan Hai Lines, Korea Marine Transport Co. and Interasia Lines will launch a new Southeast Asia – India Service VIII on 26 April.
The service will be operated by four container vessels with a nominal capacity of 3,000 TEUs. Wan Hai Lines will deploy two boxships, while Korea Marine Transport Co. and Interasia Lines will operate one vessel each.
The maiden voyage of the service will commence from Malaysia’s Port Kelang on 26 April and the service will have a 28-day fixed round trip schedule.
The...
https://container-news.com/asia-box-lines-launch-joint-southeast-asia-india-service/
Wan Hai Lines is issuing US$320 million of bonds to improve its financial structure, after the Taiwanese liner operator sank into the red.
Wan Hai incurred a net loss of US$188.5 million in 2023, which deteriorated from a net profit of US$3.04 billion in 2022, ending 13 straight profitable years. The last time Wan Hai reported a net loss was in 2009, when the global financial crisis resulted in red ink of US$50.56 million that year.
Primarily an intra-Asia carrier, Wan Hai re-entered long-haul...
https://container-news.com/wan-hai-issues-us320-million-of-bonds-after-loss/
Taiwan’s ocean carrier Wan Hai Lines has announced the revamp of its Asia-Pacific Service (AP1), to enhance its current network on the United States West Coast.
Wan Hai’s AP1 service will replace the existing AA3 service and will be jointly operated with Ocean Network Express (ONE).
Wan Hai Lines will deploy five vessels, while the Singaporean box line, which has also announced the new service, will add two container ships to the service. All the vessels will have a nominal capacity of 13,000...
https://container-news.com/wan-hai-and-one-launch-joint-service-to-link-asia-with-us-west-coast/
Yang Ming Marine Transport’s ex-chairman Bronson Hsieh suggested to Taiwanese media that Wan Hai Lines could be a suitable substitute for Hapag-Lloyd in THE Alliance.
Speaking to ETToday, Hsieh noted that Wan Hai, which operates solo Transpacific routes, had ambitions of launching Asia-Europe services.
Wan Hai also has begun taking delivery of eighteen 13,000 TEU ships that were ordered during the Covid-19 pandemic.
On 17 January, Hapag-Lloyd, which with over 1.9 million TEU of capacity, is THE...
https://container-news.com/wan-hai-could-replace-hapag-lloyd-in-the-alliance-yang-ming-ex-boss/
Wan Hai Lines actively completes its corporate sustainability commitments by participating in the inaugural offerings of the Taiwan Carbon Exchange.
The company has secured 2,000 tons of Gold Standard-certified carbon credits, extending support to water and economic development initiatives in developing nations.
Complementing this, Wan Hai provides carbon offsets for its Japan-Taiwan route, encouraging customers to partake in environmental conservation endeavours. Addressing long-standing...
https://container-news.com/wan-hai-offers-limited-time-carbon-offset-route-service/
Taiwanese shipping company Wan Hai Lines has held a naming ceremony for a new eco-friendly 13,000 TEU containership at Samsung Heavy Industries Geoje shipyard.
The post Wan Hai Lines names new eco-friendly 13K TEU boxship appeared first on Offshore Energy.
https://www.offshore-energy.biz/wan-hai-lines-names-new-eco-friendly-13k-teu-boxship/
Wan Hai Lines will spend over US$300 million to refurbish Terminal No. 5 in Kaohsiung Port.
The facility will open in 2026, with the capacity to process up to 2 million TEUs annually.
Wan Hai took over the terminal from its larger compatriot peer Evergreen Marine Corporation, which has shifted to Terminal No. 7.
Terminal No. 5 houses piers 79 to 81, which Wan Hai has leased from Taiwan International Ports Corporation, the state-owned entity that owns all ports on the island.
TIPC said that Wan Hai...
https://container-news.com/wan-hai-to-spruce-up-kaohsiung-terminal-no-5-for-over-us300-million/