WAN HAI LINES

Wan Hai Lines names new boxships

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 names new 13,100 TEU ship

Wan Hai Lines recently held a ship naming ceremony for WAN HAI A15 at the Samsung Heavy Industries Geoje shipyard, coinciding with a charity event on 29 March.

The ceremony was jointly presided over by S.A. Choi, vice chairman & CEO of Samsung Heavy Industries, and Tommy Hsieh, president of Wan Hai Lines.

Following the ceremony, WAN HAI A15 was delivered at the Geoje shipyard and commenced its journey to Shanghai Port to join Wan Hai Lines’ Asia to the East Coast of North America service “AA7”.

Als...

https://container-news.com/wan-hai-names-new-13100-teu-ship/

Asia box lines launch joint Southeast Asia – India service

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 issues US$320 million of bonds after loss

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/

Wan Hai and ONE launch joint service to link Asia with US West Coast

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/

Wan Hai could replace Hapag-Lloyd in THE Alliance: Yang Ming ex-boss

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 offers limited-time carbon offset route service

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/

Wan Hai to spruce up Kaohsiung terminal no. 5 for over US$300 million

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/

Wan Hai splashes out US$37 million on new containers

Wan Hai Lines has embarked on new container orders, after a hiatus of about a year.

The Taiwanese intra-Asia carrier announced on 23 November that it has ordered 20,350 containers from Dong Fang International Container (Hong Kong), a unit of COSCO Shipping Development.

The total price is estimated at US$37.31 million.

Wan Hai, the 11th largest liner operator, said in a Taiwan Stock Exchange filing that the order aimed to fulfill business requirements.

Wan Hai launched solo Transpacific services...

https://container-news.com/wan-hai-splashes-out-us37-million-on-new-containers/

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