Yang Ming Adds New Service amid Rising Trade Tensions
Taiwanese shipping company Yang Ming Marine Transport Corp. has revealed changes to its service network amid the rising global trade tensions.
The company said that the impact from the tensions is expected to cause a relocation and adjustment of cargo flow and supply chains.
In order to cope with this trend, Yang Ming plans to strengthen its Asian service network with the launch of a new Intra-Asia service, China-Thailand Service (CTX service).
The first sailing is scheduled for July 12, 2019, departing from Shanghai.
A total of three container ships with loadable capacity of 1,200 TEU will be deployed for CTX service, of which one is contributed by Yang Ming.
The ports of call are Shanghai, Ningbo, Xiamen, Laem Chabang, Bangkok, Laem Chabang, Hong Kong, Shanghai. A round trip will take 21 days.