Yang Ming Marine Transport plans to acquire six 13,000 TEU dual-fuel LNG container ships, a strategic move to modernize its fleet and reduce long-term emissions. These new vessels will replace older ships and expiring chartered ones, which currently have capacities ranging from 4,250 to 6,500 TEU. This investment is integral to the company's broader fleet upgrade strategy, targeting a total of 124 vessels, an operating capacity of 1,25 million TEU, and a 3-3,5% share of the global container shipping market by 2032.

A Yang Ming container ship. Photo: Yang Ming

The company anticipates that this fleet renewal will enhance operational efficiency across its main shipping routes. The new 13,000 TEU vessel class is designed to be compatible with Yang Ming’s existing 10,000 TEU fleet, positioning them as a key force on East-West routes.

Deliveries of the LNG-powered ships are scheduled to commence starting in 2026, which will significantly increase the proportion of low-emission vessels within Yang Ming's fleet. The company expects this initiative to meet global emissions reduction requirements and enhance its competitiveness amidst increasingly stringent environmental regulations.

Amidst global supply chain restructuring and market volatility, Yang Ming states its continued focus on stable development in container shipping and strengthening operational resilience.

Through this investment plan, the carrier aims to rejuvenate its fleet and meet emissions reduction requirements driven by climate change pressures.

Yang Ming Marine Transport, established in 1972 and headquartered in Taiwan (China), is a container shipping company that operates a global network. It connects Asia, Europe, the Americas, and the Middle East, focusing on container shipping, logistics, and port services. With a fleet of hundreds of vessels, the company has the capacity to transport millions of TEU annually. Yang Ming is also a member of an international shipping alliance and actively invests in clean-fuel vessels to meet its emissions reduction and sustainable development goals.

By The Dan (Source: Seatrade Maritime News)