Yang Ming sets up subsidiary in the Philippines

Posted by Daily Shipping Times on 05-05-2017        Tweet

TAIWAN: Yang Ming Marine Transport Corporation has established a new 100% owned subsidiary in the Philippines, Yang Ming Shipping Philippines, Inc. The new company will begin to provide all services on 1st May 2017 in Manila, Cebu and Davao. Mr. Eddie Yi has been officially appointed as its first Managing Director.

The Philippines is one of the pivots of the South East Asian market. The economy of neighboring countries has been growing steadily in these years. Expecting more rapid expansion of the market in the near future, Yang Ming sets up its owned company in the Philippines to provide its customers with direct services, including increased frequency of voyages and slot to its service network. With the inauguration of Yang Ming Shipping Philippines, Inc. Yang Ming will optimize the management capability and serve its clients worldwide with a more comprehensive and close-knit logistics network by integrating business in the region and reinforcing the operations for import/export/tranship cargo in the Philippines in keeping with Yang Ming’s long-term strategy of port network establishment and synchronization of information platform.

Yang Ming, through self and joint deployment, operates 7 loops each week calling at Major Ports in the Philippines, including Manila South port, Manila North port and Cebu, and offering high-quality services in the area.