2000
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YANG MING establishes subsidiary companies in Singapore
and Malaysia to enhance the whole transportation service. |
|
YANG MING inaugurates Asia / Eastern America, Asia
/ Mediterranean, TA 3 (Trans-Atlantic), and Japan Kyushu / Taiwan
/ H.K. service routes. |
|
Two 5,551 TEU full container vessels - Ming Plum and
Ming Orchid, constructed by Korea's Hyundai Heavy Industries Co.
are completed and join YANG MING's fleet service. |
|
A joint liner service is offered with Uniglory Marine Corp., serving the Intra-Asia service routes. |
1999
|
YANG MING inaugurated 2 new weekly service routes in mid January: |
|
YANG MING establishes its subsidiary company in Hong
Kong providing service to Southwest Mainland China and Hong Kong. |
|
YANG MING cooperates with JOS on its northern Europe-Mediterranean
route. |
|
YANG MING produces an educational film," The Call
of the Ocean ",and donates copies to primary schools throughout
Taiwan to promote the environmental protection education. |
|
To assist the rescue and reconstruction efforts of the
devastating earthquake occurring in Taiwan in September, YANG MING
provides free shipping services to transport overseas relief goods
to Taiwan through its worldwide service network. |
|
YANG MING establishes its subsidiary company, ¡§YES
Logistics Corp,¡¨ to offer total logistics services. |
|
The On-dock Rail terminal in Los Angels opens. |
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To cope with the present shipping environment, YANG MING orders another two 5,500 TEU container vessels in November from Korea 's Hyundai Heavy Industries Co. to make up the of high-speed fleets for best quality service. |
|
YANG MING orders one 76,000 DWT Bulk carrier from IMABARI
SHIP BUILDING CO., LTD. in Japan. |
|
YANG MING joins WTSA (Westbound Trans-Pacific Stabilization
Agreement) on its American westbound route. |
|
YANG MING inaugurates its Japan /Korea /Taiwan /Hong Kong full-container liner service. |
1998
|
YANG MING signed a contract with the Los Angeles Port
Authority to lease LA's newly expanded wharf facilities for enhancing
the service quality in cargo operation, warehousing and intermodal
inland transportation for the benefit of our customers. |
|
Through space chartering, YANG MING started the cooperative
joint service with TNWA (The New World Alliance) on the Asia/Mediterranean
route. |
|
YANG MING signed contracts with the China Shipbuilding Corp. and Hyundai Heavy Industries Co., of Korea for the construction of two and three, respectively 5,500 TEU container vessels that will be the speediest container vessels in the world in the category. It is expected these vessels will be ready to join the YANG MING's fleet service around end of 2000 and early 2001. |
|
A new liner service route between North Europe and East Mediterranean (NMX Service) was inaugurated in early October. |
1997
|
In early January, Yang Ming Line established a subsidiary
company in Japan, for handling and enhancing all the integrated services
to meet the requirements of the Japan market. |
|
Through a consortium agreement with K-Line of Japan,
Yang Ming Line successfully inaugurated its TA(Trans-Atlantic) service
on February 16, providing a weekly North Europe/North America full
container liner service to meet its global accounts' requirements
for better performance. |
|
YANG MING's capital was increased to NT$13,158,803,810.00.
|
|
To promote global-connection shipping service,YANG MING
inaugurated 2 new service routes in September: (1)Far East/Persian Gulf(U.A.E.), Sub-continent (India/Pakistan) full container liner service (2)Asia/South Africa / South America full container liner service |
1996
|
The fifth 3,725 TEU container vessel ordered was completed
and put into the fleet service in early January. |
|
The joint service with K-Line of Japan on both the Far
East / North Europe and the Far East /U.S. Pacific Coast routes officially
started in the beginning of January. |
|
YANG MING successfully completed its privatization,
effective from February 15, as its governmental shareholdings were
reduced to less than 50% (actually already down to 48.9%) due to smooth
release of government's shares to the public. |
|
Through all the staffs' efforts to enhance the performance
efficiency, YANG MING has been awarded both ISO 9002 and ISM CODE
accreditation simultaneously from two international survey authorities:
DNV of Norway and CR of the Republic of China. Besides, YANG MING
also obtained the ROC's National Outstanding Quality Case Award in
August. And with ISO 9002/ISM CODE accreditation, YANG MING will definitely
provide more comprehensive quality service for its customers all over
the world. |
|
In November, the issuance of GDR (Global Deposit Receipt)
amounting to about US$112 million through London Stock Exchange was
successfully completed. The GDR money, raised through a global cash
subscription to the increment of 100 million YANG MING common shares,
will be used to purchase 5 new big container vessels with a capacity
of 5,500 TEUS each. |
|
YANG MING's capital was increased to NT$12,295,385,000.00. |
1995
|
Four of the five 3,725 TEU high-speed container vessels
ordered were completed, which immediately joined the fleet service
after delivery in May, June, September and October, respectively.
|
|
The China Merchants Steam Navigation Co., Ltd. of Taiwan,
R.O.C. merged with YANG MING. |
|
YANG MING's capital was increased to NT$11,295,538,500.00. |
1994
|
YANG MING's capital was increased to NT$10,815,385,000.00
through cash subscription to the increment of 200,000,000 shares. |
|
To further strengthen service scope and quality, a new
three-way collaboration with CMA of France and NYK of Japan had been
agreed upon in order to extend a joint liner service between the Far
East and the Mediterranean Sea, with an increase of direct calling
ports such as : Barcelona of Spain, Fos of France and Nagoya of Japan
in Far East. |
|
In order to raise capital for container ship construction,
an issuance of the Overseas Convertible Bonds in the amount of US
$ 160,000,000.00 had been successfully completed through the London
Stock Exchange, to greatly benefit future operations. |
|
A construction order for one 3,725 TEU full container high-speed vessel was placed with the shipbuilder. |
1993
|
An order for constructing four 3,725 TEU full container high-speed vessels had been placed. |
1992
|
YANG MING shares were listed on the Stock Exchange in
Taiwan, R.O.C. |
|
Three 3,604 TEU container vessels were completed and
joined the YANG MING's worldwide service. |
|
Joint service cooperation with Wan Hai line on the service networks of Taiwan /Bangkok /Manila/ Indonesia bound service had been strengthened to satisfy customers' needs and help traders develop the Asian market. |
1991
|
To enhance the utilization of ships' carrying space,
collaboration with Hanjin line of S.Korea had been made to form a
joint liner service between the Far East and the U.S. East coast through
mutual chartering of vessels' available space. |
|
To promote better service scope and quality, Oakland had been added to the rotation of regular calling ports on the Far East/U.S. Pacific coast liner service trade route. |
1990
|
YANG MING's capital was further increased to NT$8,815,385,000.00. |