Yang Ming Marine Transport Corporation () is a Taiwanese container

shipping Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting Commodity, commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it h ...

company based in

Keelung Keelung () or Jilong () (; Hokkien POJ: '), officially known as Keelung City, is a major port city situated in the northeastern part of Taiwan. The city is a part of the Taipei–Keelung metropolitan area, along with its neighbors, New Taipe ...

Taiwan (ROC) Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeas ...

History

The company was founded in 1972 as a shipping line, but has historical links through its merger with the

China Merchants Steam Navigation Company China Merchants Group Limited () is an international state-owned corporation (SOE) of the People's Republic of China. The company is operating under the auspices of the Chinese Ministry of Transport. Founded in 1872 China Merchants Steam Navig ...

(1872–1995), which dates back to the Qing Dynasty. Yang Ming currently operates 101

container ship A container ship (also called boxship or spelled containership) is a cargo ship that carries all of its load in truck-size intermodal containers, in a technique called containerization. Container ships are a common means of commercial intermodal ...

s up to and 17

bulk carrier A bulk carrier or bulker is a merchant ship specially designed to transport unpackaged bulk cargo — such as grains, coal, ore, steel coils, and cement — in its cargo holds. Since the first specialized bulk carrier was built in 1852, econom ...

s. In between July and September 2018, Yang Ming agreed to offer a service from the

Port of Keelung The Port of Keelung (), also known as Keelung Harbor, is located in the vicinity of Keelung City, Taiwan. It is operated by Taiwan International Ports Corporation, Taiwan's state-owned port management company. History The 1858 Treaty of Tientsin ...

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...

, to the US for two batches of nearly 20 containers each, containing over 1700 unused

nuclear fuel Nuclear fuel is material used in nuclear power stations to produce heat to power turbines. Heat is created when nuclear fuel undergoes nuclear fission. Most nuclear fuels contain heavy fissile actinide elements that are capable of undergoing ...

rods, after the

Taiwan Power Company The Taiwan Power Company (, Taipower; ) is a state-owned electric power industry providing electricity to Taiwan and off-shore islands of the Republic of China. History Taipower was established on 1 May 1946. Its origins can be traced to 1919 ...

decided to close its fourth nuclear plant. Safety concerns for possible leakage of radioactive materials were raised, and the first shipment was attended by over 200 police officers and company officers. On 10 March 2019, Yang Ming has welcomed two additional 14,000 TEU vessels in its fleet, ''YM Warranty'' and ''YM Wellspring''. The ships have been built in

Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...

Imabari Shipbuilding is a major Japanese ship building, marine engineering, and service company headquartered in Imabari, Ehime Prefecture, Japan. It is Japan’s largest shipbuilder both in terms of tonnage and sales revenue, with design, research, constructi ...

, at a cost of nearly $99 million each. The additional tonnage is composed of sisters of the previously delivered ''YM Wellbeing'', ''YM Wonderland'' and ''YM Wisdom''. In May 2019, under the scope of improving its network, an agreement with the

Canadian Pacific Railway The Canadian Pacific Railway (french: Chemin de fer Canadien Pacifique) , also known simply as CPR or Canadian Pacific and formerly as CP Rail (1968–1996), is a Canadian Class I railway incorporated in 1881. The railway is owned by Canadi ...

was reached to have containers moved by rail from the

Port of Vancouver The Port of Vancouver is the largest port in Canada and the fourth largest in North America by tonnes of cargo, facilitating trade between Canada and more than 170 world economies. The port is managed by the Vancouver Fraser Port Authority, whic ...

eastbound to all

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

Subsidiaries

The Yang Ming Group includes a

logistics Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of ...

unit (Yes Logistics Corp. and Jing Ming Transport Co.),

container terminal A container port or container terminal is a facility where cargo containers are transshipped between different transport vehicles, for onward transportation. The transshipment may be between container ships and land vehicles, for example train ...

s in

Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ...

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

and the USA, as well as

stevedoring A stevedore (), also called a longshoreman, a docker or a dockworker, is a waterfront manual laborer who is involved in loading and unloading ships, trucks, trains or airplanes. After the shipping container revolution of the 1960s, the number o ...

services (

Port of Kaohsiung The Port of Kaohsiung (POK; ) is the largest harbor in Taiwan, handling approximately 10.26 million twenty-foot equivalent units (TEU) worth of cargo in 2015. The port is located in southern Taiwan, adjacent to Kaohsiung City, and surrounded by t ...

, Taiwan). Yang Ming's service scope covers over 70 nations with more than 170 service points

THE Alliance

Yang Ming Marine Transport headquarters title 20150811

Along with

Hapag-Lloyd Hapag-Lloyd AG is a German international shipping and container transportation company. Hapag-Lloyd was formed in 1970 through a merger of Hamburg-American Line (HAPAG) and North German Lloyd. History The company was formed on September 1, 1 ...

, HMM Co Ltd, and

Ocean Network Express Ocean Network Express Holdings, Ltd. (ONE) is a Japanese container transportation and shipping company jointly owned by the Japanese shipping Lines Nippon Yusen Kaisha, Mitsui O.S.K. Lines, and K Line. Launched in 2017 as a joint venture, ONE i ...

, Yang Ming Marine Transport Corporation is a member of THE Alliance. THE Alliance is intended to provide 34 services, directly calling at 81 different ports on a monthly basis.

Fleet

As of mid-2019, Yang Ming operated a fleet of over 4.2-million-D.W.T / operating capacity 643 thousand TEU, of which container ships are the main service force.

Accidents and incidents

''YM Efficiency''

On 4 June 2018, the

''YM Efficiency'' lost 83 containers at sea due to extreme rough weather conditions close to

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

New South Wales ) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , es ...

coast, that made the cargo break their lashing and fall into the waters. A safety warning had to be issued, as despite the fact that no dangerous goods were discharged into the sea, some medical and surgical items were noted floating and then recovered ashore, polluting a number of beaches. Yang Ming Marine Transport headquarters 20150103

Yang Ming Marine Transport headquarters 20150103

References

External links

* 1972 establishments in Taiwan Companies based in Keelung Container shipping companies Multinational companies headquartered in Taiwan Shipping companies of Taiwan Taiwanese brands Transport companies established in 1972 {{Taiwan-company-stub