Yang Ming adds last 11,000 TEU newbuild to fleet

Yang Ming adds 11,000 TEU newbuild to fleet

Yang Ming Marine Transport Corp. (Yang Ming) has welcome its newest 11,000 TEU containership YM Trillion.

The vessel is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd.

YM Trillion was delivered to Yang Ming at a ceremony held at Imabari Marugame Shipyard on 21 September.

The containership will be deployed on Yang Ming’s transpacific PN3 service with the following rotation: Hong Kong – Yantian – Shanghai – Pusan – Vancouver – Tacoma – Pusan – Kaohsiung – Hong Kong.

The company has ordered a total of 14 11,000 TEU newbuilds through long-term charter agreements with ship owners; with this new delivery, all 11,000 TEU ships have joined Yang Ming’s fleet.

According to Yang Ming, these eco-friendly newbuilds will enhance vessel deployment, as well fast-track fleet optimisation and reduce unit cost.

This type of vessel has a nominal capacity of 11,860 TEU and is equipped with 1,000 plugs for reefer containers. With a length of 333.9 metres, a width of 48.4 metres, a draft of 16 metres, these vessels are designed to cruise at a speed of up to 23 knots.

The containerships have also been equipped with scrubbers, Water Ballast Treatment Plant and Alternative Marine Power system to adhere to environmental regulations.

Yang Ming said this type of vessel adopts the twin-island design to increase loading capacity and navigational visibility to ensure greater efficiency and safety, as well as increase energy saving and reduce overall emissions.

Their dimensions enable them to call at major ports worldwide and pass through the new Panama Canal with little restriction.

Last month, Yang Ming posted its financial report for the first half of 2022.

Net profit for the first half of the year stood at NT$ 116.11 billion ($4 billion), while consolidated revenues rose to NT $216.15 billion ($7.5 billion), a year-on-year increase of 59.5 per cent.

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