Taiwanese container carrier Yang Ming established subsidiary in Spain in attempt to improve its presence on European market. The company expect to improve its market position in the region of Southern and Western Europe, as well as improving routes and services in whole Mediterranean. Yang Ming sees acceleration of the economic development in the region in the coming years, which should boost the transportation market and trade. Moreover, creating operator on site will help to integrate business of Yang Ming in the neighboring regions of Spain and strengthen its position. Spain was prefered place for establishing of the European division of container carrier, as currently Barcelona, Valencia and Algeciras are key ports of Yang Ming in Southern Europe.
Currently, Yang Ming has delivered its services in the Mediterranean Sea, using container ships with capacity 14,000 TEU, in four weekly services.
Yang Ming Marine Transport Corporation is an ocean shipping company based in Keelung, Taiwan. Taiwanese container carrier operates a fleet of 85 vessels with deadweight of 4.2 million DWT and capacity for 346,000 TEU. The Yang Ming Group includes a logistics unit, which operates container terminals in Taiwan, Belgium, Netherlands.