Overview
Yang Ming operates 99 container ships with a combined capacity of 771,280 TEU (twenty-foot equivalent units), 2.2% of the world liner fleet, according to the Alphaliner Top 100.[1] Of that capacity, 397,896 TEU on 64 ships is owned and 373,384 TEU on 35 ships is chartered in, so chartered tonnage accounts for 48.4% of its fleet.[1] Its orderbook of 256,660 TEU on 20 ships equals 33% of its current capacity.[1] Yang Ming is the second Taiwanese carrier in the ranking after Evergreen, and with Wan Hai, Taiwan accounts for three of the top eleven operators.[1] Almost half of its capacity is chartered.[1]
Yang Ming strengths and limitations
Strengths
- Ninth-largest fleet
- Moderate orderbook
- Second-largest Taiwanese carrier
Limitations
- High chartered share
- Much smaller than Evergreen
- Exposure to rate cycle
Appears in
Yang Ming peers and competitors
Companies ranked in the same lists as Yang Ming.
MSC (Mediterranean Shipping Company)- KMTC
- Ningbo Ocean Shipping
- RCL (Regional Container Line)
- China United Lines
- Emirates Shipping Line
- TS Lines
- Sinokor
- IRISL
- DP World
Global Feeder Shipping- SITC
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