Yang Ming readies for delivery of 14,000-TEU vessels

YM Wonderland and YM Wisdom will be deployed to THE Alliance’s Asia-Europe service.

Yang Ming readies for delivery of 14,000-TEU vessels

YM Wonderland and YM Wisdom will be deployed to THE Alliance’s Asia-Europe service.

Yang Ming readies for delivery of 14,000-TEU vessels

YM Wonderland and YM Wisdom will be deployed to THE Alliance’s Asia-Europe service.

 
   Yang Ming has named two 14,000-TEU containerships, the YM Wonderland and YM Wisdom, that it expects to be delivered in February.
   The vessels, built by Imabari Shipbuilding Co. Ltd. in Japan, were named at a Dec. 21 ceremony held. YM Wonderland and YM Wisdom are the second and the third of five 14,000-TEU containerships Yang Ming chartered from Shoei Kisen Kaisha Ltd. They are sister vessels of YM Wellbeing, which was delivered to Yang Ming in October.
   This 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 summer draft of 15.524 meters. The vessel can cruise at a speed up to 23 knots.
   YM Wonderland and YM Wisdom are expected to be delivered to Yang Ming in February and deployed to THE Alliance’s Asia-Europe service.

I think there certainly has been increased interest in moving vehicles from Mexico to the U.S. by ocean. The challenge today is the cost element. Right now ocean just can’t compete with the rail cost.

Spot container rates from China/East Asia to the U.S. West Coast stood at $1,531 per FEU as of May 10, up 10.6% year-over-year, while rates from China/East Asia to the U.S. East Coast totaled $2,926 per FEU as of May 10, up 22.2% year-over-year, according to the Freightos Baltic Index.

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Yang Ming readies for delivery of 14,000-TEU vessels

YM Wonderland and YM Wisdom will be deployed to THE Alliance’s Asia-Europe service.

Dec 31, 2018 on Dec 27, 2018AmericanShipper.com

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Yang Ming readies for delivery of 14,000-TEU vessels

YM Wonderland and YM Wisdom will be deployed to THE Alliance’s Asia-Europe service.

Dec 31, 2018 on Dec 27, 2018AmericanShipper.com