Yang Ming orders five 4,500-TEU ships from CSBC

Yang Ming orders five 4,500-TEU ships from CSBC All Oceans Transportation Inc., a subsidiary of the Taiwanese Yang Ming Group, today signed a contract order with compatriot shipbuilder CSBC, Taiwan, for five 4,500-TEU container vessels that will be delivered from 2011 to 2012.
   Yang Ming said the new ships will “enlarge its fleet to meet the future development of liner services and enhance the competitiveness of its fleet.”
   Including this latest order, CSBC, Taiwan, is building 24 boxships ranging from 4,250 TEUs to 8,200 TEUs for delivery to Yang Ming up to 2012.