Yang Ming Group, Marine Container Services in strategic alliance ‘The new JV expected to add more luster to Indian logistics service’
One of the world’s leading container transportation companies with a comparatively young fleet, Yang Ming Group (YML) has joined hands with Mumbai-based Marine Container Services (MCS) to create a formidable joint venture partnership, Yang Ming Line India Pvt Ltd. The coming together of the Taiwanese company with the highly diversified Indian group company providing services in shipping and international transportation across the country is expected to bring in a new level of competence into work in the logistics.
The joint venture will benefit richly from the experience that their partners, Chairman Capt Somesh Batra and Managing Director Capt J G Lin, bring to the new entity.
The new venture was flagged off by Mr W H Huang, President, Yang Ming Group and Mr Robert Ho, Executive Vice- President, Yang Ming Group, on March 18, at the newly well furnished office premises at World Trade Centre, Mumbai.
Coming at a time when many of the principals are setting out on their own with agency relationship outfits, this venture would perhaps help bring a new dynamism to do business with well-coordinated efforts and offer services at affordable price points.
13'Th Floor, Centre No. 1, World Trade Centre, Cuffe Parade, Mumbai - 400 005. ,