Yang Ming launches two more 14,000-TEU ships

The YM Warranty and YM Wellspring are planned for the Pacific North West Coast Loop 3 and Mediterranean Service-2 lanes.

Yang Ming launches two more 14,000-TEU ships

The YM Warranty and YM Wellspring are planned for the Pacific North West Coast Loop 3 and Mediterranean Service-2 lanes.

Yang Ming launches two more 14,000-TEU ships

The YM Warranty and YM Wellspring are planned for the Pacific North West Coast Loop 3 and Mediterranean Service-2 lanes.

 

   Taiwanese shipping company Yang Ming has launched two more 14,000-TEU containerships, which were named the YM Warranty and YM Wellspring Wednesday at Imabari shipyard.
    The ships, built by Imabari Shipbuilding Co. Ltd. in Japan, are the final two of five 14,000-TEU full-container vessels the company chartered from Shoei Kisen Kaisha Ltd. They belong to the same type as the YM Wellbeing, YM Wonderland and YM Wisdom, the latter two of which were named in December.
    The type of ship is designed with a nominal capacity of 14,220 TEUs and is equipped with 1,000 reefer plugs. Its length overall is 366.44 meters with a beam of 51.2 meters and a summer draft of 15.52 meters. The vessel can cruise up to 23 knots.
    According to Yang Ming’s website, the YM Warranty is planned to join the Pacific North West Coast Loop 3 lane. It is expected to arrive at Hong Kong’s Modern Terminals Ltd. on March 26 and depart the following day. The YM Wellspring is planned to join the Mediterranean Service-2 lane and arrive at the Pusan New Port International Terminal on March 30 and depart the following day.

Without wanting to be too alarmist, there is the potential for IMO 2020 to inspire another major carrier bankruptcy and/or trigger more defensive M&A.

While UP, CSX and KCS have already reported their Q1 2019 results, CP will report its results on April 23, followed by Norfolk Southern on April 24 and CN on April 29.

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Yang Ming launches two more 14,000-TEU ships

The YM Warranty and YM Wellspring are planned for the Pacific North West Coast Loop 3 and Mediterranean Service-2 lanes.

Mar 08, 2019 on Dec 27, 2018AmericanShipper.com

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Yang Ming launches two more 14,000-TEU ships

The YM Warranty and YM Wellspring are planned for the Pacific North West Coast Loop 3 and Mediterranean Service-2 lanes.

Mar 08, 2019 on Dec 27, 2018AmericanShipper.com