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Yang Ming Board approves procurement of LNG dual-fuel boxships

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Yang Ming said with the new ships, it will be able to optimise its fleet allocation, enhance fleet’s overall competition, and operate more environmentally-friendly.
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Yang Ming Marine Transport Corporation on Friday (12 May) held its 383rd Board meeting that approved the procurement of LNG dual-fuel container vessels.

In line with Yang Ming’s global fleet deployment plan and the goal towards net-zero emission, the firm said the board meeting approved proceeding subsequent procurement procedures of five LNG dual-fuel container vessels, following the public and transparent international bid evaluation process.

“With these new ships, Yang Ming will be able to optimise its fleet allocation, enhance the fleet’s overall competition, and operate more sustainably and environmentally-friendly by reducing energy consumption and carbon emission,” it said in a statement.

The board meeting also passed the firm’s Q1 2023 financial report. The net profit after tax stood at TWD 3.4 billion (USD 112 million), with an EPS of TWD 0.97.

 

Photo credit: Scott Graham
Published: 16 May, 2023

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