Yang Ming Optimizing Fleet with 14,000 TEU Quartet

Yang Ming Marine Transport Corporation will introduce four 14,000 TEU chartered vessels to optimize its fleet in the improving market while returning seven higher-cost chartered vessels in 2019, the company announced in a fleet update.
The first of five 14,000 TEU boxships the Taiwan’s shipping firm chartered from Shoei Kisen Kaisha, the shipowning arm of Imabari, was named at Imabari Shipbuilding in September 2018.
The 14,000 TEU YM Wellbeing is the 16th 14,000 TEU vessel to join Yang Ming’s global container fleet. The vessel was deployed in THE Alliance’s MD2 service in October.
Commenting on the business performance, the Taiwanese shipping company said that its 3rd quarter consolidated revenues came at USD 1.29 billion, a growth of 15.23% compared to the previous quarter. Q3 volumes increased by 9.19% to 1.41 million TEUs compared with the 2nd quarter.
Yang Ming’s net loss after tax for Q3 was USD 30 million, a reduction of 76.16% compared to last quarter, and USD 220 million for the nine-month period.
The year-to-date consolidated revenues increased by 4.12%, year-over-year, to USD 3.45 billion, and volume increased by 11.35%, year-over-year, to 3.92 million TEUs.
The main factors impacting results were unfavorable supply-demand balance with weakening freight rates and escalating bunker prices, which rose 28.38% in the first 9 months year over year.
“Anticipated for the next quarter, the escalating trade war is likely to accelerate Chinese exports to the U.S. and, therefore freight rates and loading factors should improve for the Transpacific sector. In the Asia Europe sector, Yang Ming also expects to see improving rates and volumes as factories resume production following the October China Golden week.
“Considering these factors, Yang Ming’s outlook for Q4 is optimistic. Going forward into next year, Alphaliner’s latest projection predicts an increase of 4.3% in global throughput which will exceed forecast capacity growth of 3.9%,” the company said.

該公司在一次船隊更新中宣布,當退回七艘成本更高的租庸船,陽明海運公司將在2019年推出四艘14,000 TEU租庸船,以優化其改善市場的船隊。
台灣航運公司由Imabari的船舶部門Shoei Kisen Kaisha租用的五艘14,000 TEU裝箱中的第一艘於2018年9月在Imabari造船廠命名。
14,000 TEU YM Wellbeing是加入陽明全球集裝箱船隊的第16艘14,000 TEU船。該船於10月部署在THE Alliance的MD2服務中。
在評論業績方面,這家台灣航運公司表示其第三季度綜合收入為12.9億美元,比上一季度增長15.23%。與第二季度相比,第三季度增加了9.19%,達到141萬標準箱。
第三季度陽明稅後淨虧損為3000萬美元,比上一季度減少76.16%,九個月期間減少2.2億美元。
年初至今的綜合收入同比增長4.12%至34.5億美元,同比增長11.35%至392萬標準箱。
影響業績的主要因素是不利的供需平衡,運費疲軟,燃料價格上漲,前9個月同比增長28.38%。
“預計下個季度,不斷升級的貿易戰可能加速中國對美國的出口,因此跨太平洋地區的運費和裝載因素應該會有所改善。在亞洲歐洲市場,隨著工廠在10月中國黃金周之後恢復生產,陽明也預計將會看到提高利率和產量。
“考慮到這些因素,陽明對第四季度的前景是樂觀的。進入明年,Alphaliner的最新預測顯示全球吞吐量增長4.3%,超過預測產能增長3.9%,“該公司表示。


Information source: World Maritime News Staff , Image Courtesy: JOC.COM