Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Taiwan
  4. Taiwan Stock Exchange
  5. Yang Ming Marine Transport Corporation
  6. News
  7. Summary
    2609   TW0002609005

YANG MING MARINE TRANSPORT CORPORATION

(2609)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Yang Ming Marine Transport : Launches Two More 14,000 TEU Ultra Large Container Vessels, YM Warranty and YM Wellspring

03/06/2019 | 02:10am EST

Yang Ming Launches Two More 14,000 TEU Ultra Large Container Vessels, YM Warranty and YM Wellspring

Two new 14,000 TEU full-container vessels built by Imabari Shipbuilding Co., Ltd. and chartered by Yang Ming, were named as YM Warranty and YM Wellspring on 6th March, 2019 at Imabari shipyard.

Yang Ming Marine Transport Corp. President Vincent Lin was invited to the naming ceremony. Ms. Wu Pao Chen, wife of Yang Ming Shanghai Office President T. S. Chia and Ms. Chen Mei Ching, wife of Yang Ming Chief Financial Officer & Executive Vice President Dannis Lee, acted as the Lady Sponsors.

YM Warranty and YM Wellspring, are the fourth and fifth of the five 14,000 TEU full-container vessels Yang Ming chartered from Shoei Kisen Kaisha, Ltd. They belong to the same type as YM Wellbeing, YM Wonderland and YM Wisdom which were delivered to Yang Ming recently. This type of ship is designed with a nominal capacity of 14,220 TEU and equipped with 1,000 reefer plugs. Its LOA is 366.44 meters, its beam is 51.2 meters, and its summer draft is 15.524 meters. The vessel can cruise at a speed up to 23 knots.

Since 2015, a total of 20 newly-built 14,000 TEU full-container vessels have been added to the Yang Ming fleet. YM Warranty and YM Wellspring are the last two of them and will join Yang Ming's service in the very near future. In addition to the 14,000 TEU vessels, Yang Ming will also deploy ten self-owned 2,800 TEU ships and fourteen chartered-in 11,000 TEU ships, which are to be delivered during year 2020-2022. With the modern, eco-friendly and highly efficient new vessels, Yang Ming will be able to provide customers worldwide with more efficient and cost-competitive services.

Disclaimer

Yang Ming Marine Transport Corporation published this content on 06 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 March 2019 07:09:03 UTC


ę Publicnow 2019
All news about YANG MING MARINE TRANSPORT CORPORATION
11/29Shipping Stocks Jump in Asia as Omicron Variant Threatens Supply Chains
DJ
11/25YANG MING MARINE TRANSPORT : To announce Yang Ming is invited to attend online investor co..
PU
11/12Yang Ming Marine Transport Corporation Reports Earnings Results for the Third Quarter a..
CI
11/11Announcement of the Company's consolidated financial report for 2021/Q3 has been approv..
PU
11/11Announces the resolution of the Board of Directors to convert private shares into publi..
PU
09/20YANG MING MARINE TRANSPORT CORPORATI : 2609) added to FTSE All-World Index
CI
08/13Yang Ming Marine Transport Corporation Reports Earnings Results for the Second Quarter ..
CI
05/25YANG MING MARINE TRANSPORT : Daikin's controlled atmosphere (CA) container technology ship..
AQ
05/16Yang Ming Marine Transport Corporation Reports Earnings Results for the First Quarter E..
CI
05/14Yang Ming Announces Appointment to Members of the Audit Committee and Remuneration Comm..
CI
More news
Financials
Sales 2021 330 B 11 915 M 11 915 M
Net income 2021 162 B 5 834 M 5 834 M
Net cash 2021 125 B 4 509 M 4 509 M
P/E ratio 2021 2,48x
Yield 2021 11,0%
Capitalization 402 B 14 515 M 14 493 M
EV / Sales 2021 0,84x
EV / Sales 2022 0,60x
Nbr of Employees 4 914
Free-Float 64,7%
Chart YANG MING MARINE TRANSPORT CORPORATION
Duration : Period :
Yang Ming Marine Transport Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends YANG MING MARINE TRANSPORT CORPORATION
Short TermMid-TermLong Term
TrendsBullishBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 6
Last Close Price 115,00 TWD
Average target price 157,33 TWD
Spread / Average Target 36,8%
EPS Revisions
Managers and Directors
Chih Chien Hsieh Chairman & Chief Executive Officer
Vincent Lin President, Chief Operating Officer & GM
Yung Shun Ho Chief Technology Officer & Senior Vice President
Mei Chi Shih Chief Administrative Officer & Senior VP
Ming-Hsu Tsai Independent Director