Over the course of the past five weeks, the Taiwanese shipping line Yang Ming has exchanged the complete vessel fleet of its standalone ‘CGX’ China to Middle East loop. The ship exchange has resulted in a notable downshift of the service’s capacity from a weekly average of 5,551teu in early June to a present weekly capacity of only 4,373 teu.
Yang Ming has phased out six roughly ten years old small post-panamax sister vessels of the Hyundai-designed MING PLUM type and replaced them with a fleet of panamax-beam ships of 4,250 teu to 4,713 teu, including charter vessels from Schiffahrtskontor tom Woerden, E.R. Schiffahrt, Hansa Shipping and Seaspan.
The ‘CGX’ turns in six weeks on the following rotation: Singapore, Kaohsiung, Shanghai, Ningbo, Kaohsiung, Xiamen, Shekou (Shenzhen), Port Kelang, Jebel Ali, Dammam, Port Kelang, Singapore.