Yang Ming adds 1,400-TEU shuttle: what it means for Yang Ming stock
Published on 10/20/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSYang Ming expands Moroccan service
- Yang Ming added a 1,400-TEU weekly shuttle on October 16, 2026.
- September revenue rose 69.94 percent year over year to TWD 21.70 billion.
- Five analysts set an average TWD 68.60 target, and results are scheduled for November 18, 2026.
Yang Ming Marine Transport Corporation (ISIN TW0002609005) will add a weekly Tangier-Casablanca shuttle with capacity of 1,400 TEUs, according to Container News on October 16, 2026. The service uses slots chartered from Arkas Line and gives Tangier a hub role for feeder connectivity to Casablanca.
What does the new shuttle change?
The route adds a concrete service link rather than a broad fleet promise. Yang Ming will market the Morocco Cabotage Service connection under the MCS code, with a rotation between Tangier and Casablanca.
The move comes as monthly revenue accelerates. Cnyes reported on October 8, 2026, that September revenue reached TWD 21.70 billion, up 69.94 percent from the same month a year earlier. Revenue for the first nine months reached TWD 148.73 billion, up 17.79 percent.
Three dated developments in shipping
On June 30, 2026, second-quarter net profit attributable to owners reached TWD 5.734 billion, up 482.02 percent year over year, while revenue rose 18.78 percent to TWD 45.923 billion, according to JCtrans. On October 8, 2026, the company reported the September revenue increase. On October 16, 2026, the new 1,400-TEU shuttle became the latest operating development.
Which dates matter next?
Yang Ming is scheduled to release its next earnings report on November 18, 2026, according to Investing.com. The same page lists five analysts, an average TWD 68.60 12-month target and a consensus rating of Buy. Those figures provide a market benchmark, while the new route offers an operational measure that can be tracked before the next report.
Stock context in Taiwan
Yang Ming stock was last at TWD 62.20 on the Taiwan Stock Exchange on October 20, 2026 at 1:30 p.m. Taipei time. Its 52-week range was TWD 47.25 to TWD 69.90, and market capitalization stood at TWD 217.2 billion on the same date. The company operates marine transportation, terminals, warehouses, container services and logistics activities across Asia, Europe and the Americas.
Yang Ming stock key facts
- Company: Yang Ming Marine Transport Corporation
- ISIN: TW0002609005
- Ticker: 2609
- Primary exchange: Taiwan Stock Exchange
- Primary exchange price: TWD 62.20 on October 20, 2026 at 1:30 p.m. Taipei time
- Market capitalization: TWD 217.2 billion (as of October 20, 2026)
- 52-week range: TWD 47.25-TWD 69.90 (as of October 20, 2026)
- Sector / Industry: Industrials / Marine Shipping
- Index membership: TAIEX
- Next earnings date: November 18, 2026
Market context: Market report TAIEX.
