Yang Ming announced it is setting up a new subsidiary with NAXCO Group in France to be named Yang Ming (France) which officially began operating in January to further reinforce regional development strategy. 

In a statement, Yang Ming said the subsidiary aims at assisting Yang Ming to develop local market and integrate regional resource.

"The newly formed subsidiary will help Yang Ming to proactively expand local market and raise the company’s market share in Europe and the Mediterranean region. Yang Ming (French) will establish a stronger local presence in the French market with more extensive and efficient transport service," the Taiwanese ocean shipping company said. 

With the strategic cooperation with THE Alliance, Yang Ming has deployed several weekly service routes on Asia-Europe, Asia- Mediterranean, Intra Europe and Trans-Atlantic trades, with regular services to and from Port of Le Havre and Port of Fos-sur-Mer.