The global box ship market is currently mired in overcapacity and weak freight rates. Yang Ming presently has a total of seven 4,500 teu containerships, five 8,200 teu ships and a 6,589 teu unit on order at CSBC, according to broker Clarksons.
Yang Ming delays containership deliveries
The global box ship market is currently mired in overcapacity and weak freight rates. Yang Ming presently has a total of seven 4,500 teu containerships, five 8,200 teu ships and a 6,589 teu unit on order at CSBC, according to broker Clarksons.