On July 4, Yang Ming Marine Transport entered into charter agreements with Shoei Kisen Kaisha for five 11,000TEU containerships and with Costamare for another five 12,000TEU containerships.
All the ten chartered container ships will be newbuilds, due to be delivered from the second quarter of 2020 through the third quarter of 2021.
The chartered newbuilds will emit less carbon, use fuel oil containing limited sulphur and will be equipped with a more efficient ballast water treatment system.
The ships' dimensions mean there will be no restrictions on the vessels from main calling ports worldwide, and they will be able to pass through the new Panama Canal, making them highly flexible for deployment in the foremost long-haul and middle-haul service trade lanes.
Yang Ming currently operates a fleet of 106 containerships with a capacity above 600 thousand TEU.
