World’s First Global Maritime Competition
Yang Ming To Charter Four More 11,000 TEU New Container Ships
Yang Ming Marine Transport Corp. (Yang Ming) and Shoei Kisen Kaisha Ltd. (Shoei Kisen) signed charter agreements for four 11,000 TEU containerships yesterday(10th April 2019) in Hong Kong. During the ceremony, the time-charter agreements were signed by Yang Ming’s Chairman Bronson Hsieh and Shoei Kisen’s President Yukito Higaki. The four new vessels will be delivered in the first three quarters of year 2022.
In order to enhance the company’s mid- to long-term operational efficiency and competitiveness, Yang Ming continues its fleet optimization plan during recent years. In addition to these four new 11,000 TEU containerships, Yang Ming had ordered another ten 11,000 TEU newbuildings through long-term charter agreements with Owners Costamare and Shoei Kisen since 2018, which will enable Yang Ming to have a total of fourteen 11,000 TEU newly-built full containerships during the years 2020 to 2022. These eco-type newbuildings with modern designs will gradually replace some of Yang Ming’s high-cost, older ships.
The IMO (International Maritime Organization) regulation on limiting sulphur content of bunker fuel will be enforced from the year 2020. Every carrier has prepared accordingly to ensure a smooth transition in operation next year.
All the newbuildings Yang Ming has ordered are designed in compliance with the IMO regulation with lower bunker consumption. With the new ships which will mitigate the pressure of high bunker prices and increased operating costs following the implementation of IMO 2020, Yang Ming will become more cost-competitive and environmentally friendly in the future.
Reference: yangming.com
Related Posts
Disclaimer :
The information on this website is for general purposes only. While efforts are made to ensure accuracy, we make no warranties of any kind regarding completeness, reliability, or suitability. Any reliance you place on such information is at your own risk. We are not liable for any loss or damage arising from the use of this website.
Disclaimer :
The information on this website is for general purposes only. While efforts are made to ensure accuracy, we make no warranties of any kind regarding completeness, reliability, or suitability. Any reliance you place on such information is at your own risk. We are not liable for any loss or damage arising from the use of this website.
Related Articles
⚓️ Enhance Your Knowledge. Prevent Accidents. Stay Safe at Sea.
1. eBooks for Engine Department
Master machinery operations, troubleshooting, and safety procedures with expertly written guides tailored for marine engineers. Prevent costly breakdowns and onboard accidents through practical knowledge.
👉 Explore Engine Department eBooks
2. eBooks for Deck Department
Sharpen your seamanship, navigation, and cargo-handling skills with real-world case studies and practical insights designed for deck officers and cadets.
👉Discover Deck Department eBooks
3. eBooks on Electrical Fundamentals & Issues
Understand marine electrical systems, identify potential faults, and prevent onboard electrical failures with step-by-step explanations from industry experts.
4. Pocket Guides for Quick Reference
Compact, handy, and loaded with essential checklists—perfect for on-the-go reference during operations and emergencies at sea.
5. Combo Packs to Save Big
Access multiple expert eBooks at discounted prices. Ideal for professionals seeking complete safety and operational knowledge across various ship departments.
6. Digital Maritime Courses – Learn at Your Own Pace
Upgrade your competence with Marine Insight Academy’s online courses. Learn from industry professionals anytime, anywhere, and become a safer, smarter seafarer.
Subscribe To Our Daily Newsletter
By subscribing, you agree to our Privacy Policy and may receive occasional deal communications; you can unsubscribe anytime.
BE THE FIRST TO COMMENT