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January 6, 2011

YMMT to Buy Containers

Yang Ming Marine Transport (YMMT) is planning to invest $68.6m to acquire container vessels this year. The Taiwanese shipping company is planning to buy 30,000teu containers due to an expected 8-9%raise in container cargo volume. YMMT said it delayed the container purchase fo

By cms admin

Yang Ming Marine Transport (YMMT) is planning to invest $68.6m to acquire container vessels this year.

The Taiwanese shipping company is planning to buy 30,000teu containers due to an expected 8-9%raise in container cargo volume.

YMMT said it delayed the container purchase for two years following the global financial crisis in 2008, according to focustaiwan.com.

The company operates a fleet of 82 ships.

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