YANG MING MARINE TRANSPORT CORP.

Yang Ming Marine Transport Corporation (Yang Ming, for short) was established on December 28, 1972.

Since its establishment, Yang Ming’s staff members across the world make “ Teamwork, Innovation, Honesty, and Pragmatism” their core values. With these in mind, they have worked together in one heart to seek changes and to overcome difficulties. They have provided their customers with “punctual, speedy, reliable, and economical” services of high quality. Hence, Yang Ming has become one of the leading marine companies in the world with the youngest fleet of vessels.

Yang Ming currently operates a fleet of 76 vessels, of which container ships are the main stream service force. There are also bulk carriers, super tankers, and ore carriers. With a 3.5-million-D.W.T. carrying capacity, Yang Ming transports more than 2.3 million TEUS (Twenty feet Equivalent Units) of containers a year, registering a record of soaring business revenue and profit.

As a result of incessant service improvement and employment of international strategic alliances with other liners, Yang Ming has established a close-knit transportation network across the world (with more than 50 regular sailings per week). The rapid service routes and the shorter transit time along the routes have won Yang Ming the credit of a provider of tip-top service and its popularity among customers.

Yang Ming’s worldwide shipping service networks are as follows:

● Full Container Service:

• Asia / U.S. East Coast Liner Service: 4 sailings a week
• Asia / U.S. West Coast Liner Service: 10 sailings a week
• Asia / North Europe Liner Service: 6 sailings a week
• Asia / Mediterranean Liner Service: 3 sailings a week
• Asia / Middle East Liner Service: 2 sailings a week
• Trans Atlantic Liner Service: 4 sailings a week
• Intra-Asia Liner Service: 26 sailings a week

● Worldwide Tramp Service

● Persian Gulf Tanker Service

To enhance its global competitiveness, Yang Ming has won the following accreditations since 1996:

1. National Outstanding Quality Award
2. ISO 9002 accreditation
3. International management code for the safe operation of ships and for pollution prevention (ISM Code)
4. International Ship and Port Facility Security Code Certificate ( ISPS Code)
5. ISO 9001 accreditation
6. ISO 14001 environmental management system certificate

To strengthen its strategic operations, Yang Ming has entered into alliance with K-Line of Japan, COSCO of China, Hanjin of Korea and other companies, maximizing the advantages of integrated and coordinated use of transportation resources and contributing to Yang Ming’s sustained growth. In future, Yang Ming will continue to strive to make its operations more modern, more institutionalized, and more efficient for the provision of consistent and perfect services aimed at making it one of the world’s most “ punctual, speedy, reliable, and economical ” shipping companies.