Yang Ming Marine Transport Corp. (Yang Ming) took delivery of one more new 11,000 TEU container vessel, ‘YM Tiptop’ today to further enhance its operating competitiveness.
In a statement, the Taiwanese container shipping company said the vessel will be deployed to the Far East - South America service SA3 first and provide efficient delivery service between Asia and the East coast of South America.
14 units of 11,000 TEU vessels
"To further strengthen Yang Ming’s mid-to-long-term operational efficiency, the company ordered a total of fourteen 11,000 TEU new buildings through long-term charter agreements with ship owners," the liner said.
YM Tiptop is the fifth to be delivered in the series.
The vessels on order have a nominal capacity of 12,690 TEU and are equipped with 1,000 plugs for reefer containers. With a length of 332.2 meters, a width of 48.2 meters, a draft of 16 meters, these vessels are designed to cruise at a speed up to 23 knots.
Yang Ming noted that the containerships also incorporate various environmental features including scrubbers, Water Ballast Treatment Plant, and Alternative Marine Power systems.
The ship hull form optimization will further increase energy saving and reduce overall emissions, it added.
Yang Ming said the new dimensions will also enable these ships to call at major ports worldwide and pass through the new Panama Canal with no restriction and facilitate greater flexibility in vessel deployment.
Yang Ming started taking delivery of these new vessels in 2020. It said these new buildings will lower the average age of its global fleet, reduce unit cost and achieve energy efficiency.
In addition, it added that the vessels will accelerate fleet optimization to proactively cope with the challenges and stricter environmental regulations faced by the fast-changing shipping industry.
Focus on Asia-South American market
"With the strong cargo demand in South America markets and the ports infrastructure development in the area, the deployment of YM Tiptop on SA3 service will better meet customer needs, maximize capacity utilization, and strengthen Yang Ming’s position in South America markets," the shipping line said.
"Consequently, the competitiveness of Yang Ming’s global fleet and service network will be enhanced significantly."
The port rotation of SA3 is Shanghai – Ningbo – Yantian – Hong Kong – Singapore – Rio de Janeiro – Santos – Paranagua – Navegantes – Montevideo – Buenos Aires – Rio Grande – Navegantes – Paranagua – Santos - Singapore – Hong Kong – Shanghai.
