Yang Ming Opens Subsidiary in Spain
- Business & Finance
Taiwanese container shipping company Yang Ming Marine Transport Corporation (Yang Ming) has formed a new subsidiary in Spain, Yang Ming (Spain), S.L., that started operations on July 1.
The company has established a new subsidiary in Spain to take advantage of the country’s strategic position in the Western Mediterranean, providing access to the growing economies of the neighbouring countries.
Yang Ming has deployed 14,000 TEU vessels for Mediterranean service.
The company has operated four loops each week calling at major ports in Spain – Barcelona, Valencia and Algeciras.