Yang Ming sets up subsidiary in China

Establishment of Huan Ming (Shanghai) International Shipping Agency Co., Ltd. aims to reduce operating costs and improve operating efficiency

Yang Ming sets up subsidiary in China Bild: HHM - Dietmar Hasenpusch

Yang Ming Marine Transport Corporation has established a new subsidiary with partners in Shanghai named Huan Ming (Shanghai) International Shipping Agency Co., Ltd. The subsidiary begun operating on 1st January, 2020 and will act as Yang Ming’s general agent in China.

China accounts for a large share of Yang Ming’s total cargo volume. With the addition of a new member joining THE Alliance this year, Yang Ming will be poised to significantly strengthen its service portfolio and increase its competitiveness. The new operating model can integrate the business in Southern China, which was previously overseen by Yang Ming’s subsidiary in Hong Kong, and enable the company to offer centralized management and further optimize efficiency.

Yang Ming provides several services in Intra-Asia, Asia-Europe, Trans-Pacific, Asia-Australia and Asia-South America trades covering the following 10 major ports in China: Shanghai, Ningbo, Qingdao, Xingang, Dalian, Lianyungang, Xiamen, Shekou, Yantian, and Guangzhou. Huan Ming will serve all clients with a more comprehensive and intensive shipping network by reinforcing local operations for import, export and transship cargoes in China, and continue to expand the development of Yang Ming in the global market.

Huan Ming has set up 15 offices at Shanghai, Qingdao, Tianjin, Xiamen, Ningbo, Nanjing, Dalian, Fuzhou, Suzhou, Wuhan, Lianyungang, Chongqing, Shenzhen, Guangzhou, and Zhongshan. The Taiwanese shipping line Yang Ming operates a fleet of 103 vessels with an operating capacity of 678,000 TEUs.