As of November, Yang Ming Line will begin to boost its ‘CGX’ Far East to Middle East service and inject a number of 5,551 teu vessels into the service. The ships in question are presently chartered out from Yang Ming to Coscon, and they will join the ‘CGX’ loop upon their return to the Taiwanese carrier.
Simultaneously, Yang Ming is to phase several chartered ships in the 4,250 to 4,700 teu size range out of the loop. These smaller vessels are expected to be returned to their respective non-operating owners.
Coscon so far traded the ships chartered from Yang Ming on Transpacific routes. Here, the 5,551 teu units are being replaced by Cosco-owned tonnage which has become available due to low-season adjustments and winter service withdrawals.