The Taiwanese shipping line Yang Ming is believed to have renegotiated further deferrals of the delivery dates for at least four of the five compact 4,500 teu ships ordered in January 2008 at CSBC.
Following earlier negotiations to arrange a later delivery of the series, the ships were scheduled for delivery between June of this year and October 2014. It now appears that Yang Ming’s newbuilding pipeline has been stretched thin once more. With the exception of vessel number one, YM EXPRESS, due in July, the ships two to five will now be delivered between June 2014 and February 2015.
The vessel are to come on stream as YM EXCELLENCE, YM ENLIGHTENMENT, YM ESSENCE and YM EVOLUTION.