6 stories mentioning TPE:2609Updated 8d ago
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Yang Ming Marine Transport (TPE:2609) subsidiary, YES Logistics, will lease office space at Ever Gain Plaza in Hong Kong, according to a Thursday filing with the Taiwan Exchange.The office measures 380 square feet with a total transaction price of HK$172,080 to HK$190,080, on a three-year lease term.
Yang Ming Marine Transport Corporation (TPE:2609) has entered into a memorandum of understanding with PSA International to jointly work on the adoption of low-carbon solutions across the maritime value chain, according to a company statement on Monday.The company's shares were up nearly 4% in Tuesday's trade on the Taiwan stock exchange.The company aims to combine its maritime fuel initiatives with PSA's electrified terminal capabilities to offer global clients a flexible and transparent strategy to reduce their Scope 3 transportation emissions.The collaboration also includes the development of a digital Book-and-Claim framework and a maritime-land carbon inset solution to help cargo owners reduce transport-related emissions.
Yang Ming Marine Transport (TPE:2609) signed deals with South Korea's Hanwha Ocean (KRX:042660) to build six 13,000 twenty-foot equivalent unit (TEU) LNG dual-fuel container vessels.The vessels are priced at $185 million to $204 million each, bringing the total contract value to between $1.11 billion and $1.224 billion, according to a Thursday Taiwan Exchange filing.The company said the ships will support its future operational needs.
Yang Ming Marine Transport (TPE:2609) will purchase 11,850 containers from Dong Fang International Container (Hong Kong) for between $39.5 million and $40.5 million.The containers, comprising multiple types, will be acquired at unit prices ranging from about $1,608 to $6,735 through a price comparison process, according to a Wednesday Taiwan Exchange filing.The acquisition will support its business operations, it said.
Yang Ming Marine Transport (TPE:2609) hiked its container shipping rates, notifying customers of a general rate increase effective May 15, as higher fuel costs and geopolitical tensions continue to push up operating expenses, CNA reported Thursday.The carrier will add $1,800 per 20-foot container and $2,000 per 40-foot container on Far East-North America routes, the report said, citing its customer notice.The adjustment comes as shipping lines pass through rising costs linked to volatile oil prices and disruptions affecting global routes amid the US-Iran conflict, the news outlet said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
