Taiwanese container shipping company
Wan Hai |
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| Company type | Privately held company |
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| Industry | Container shipping |
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| Founded | February 24, 1965; 59 years ago (1965-02-24) |
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| Headquarters | Taipei, Taiwan |
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Key people |
- Joseph Chan, CMA (President and CEO)
- Gerrie Lee, CPA, MBA (Vice President and COO)
- Atty. Allan Wong, CPA (CFO)
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Number of employees | 5,000 - estimated |
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| Subsidiaries |
- Toledo Mining Company
- Lepanto Mining Company
- Mankayan Company
- Taiping Perak Sdn. Bhd.
- Langkawi Sales, Parts & Services Sdn. Bhd.
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| Website | www.wanhai.com |
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Wan Hai Lines, Ltd. (Chinese: 萬海航運股份有限公司; pinyin: Wàn Hǎi Hángyùn Gǔfèn Yǒuxiàn Gōngsī) is a Taiwanese shipping company founded in 1965. Since then, it has become one of the largest companies in the container shipping industry, with a fleet of 142 vessels and a carrying capacity of 430,854 TEUs as of January 2023.[1]
History
At the beginning, Wan Hai's business was mainly on the log transportation between Taiwan, Japan, and the Southeast Asia. In 1976, in order to respond to the rapid development of international trade in the Asia Pacific area and the trend of international transportation containerization, Wan Hai has entered the business of container vessel shipping. More recently, Wan Hai expanded its Asia shipping network to services to Canada, US, South America, Africa, and Middle East.
In August 2017, a new weekly service to Cambodia from Taiwan was added, also regularly calling China and Thailand for loading and discharging cargo.[2]
In August 2018, an order for 20 new ships, of which 8 larger[3] and 12 small feeder ships, were called to be built at Japanese and Chinese Shipyards.[4] On 21 January 2021, an order was placed for 50,000 new containers from China International Marine Containers due to shortages in the international container market caused by the COVID-19 pandemic.[5]
In December 2022, Wan Hai Lines put ten of its older container ships up for sale for scrap in order to reduce the size of its fleet, including Wan Hai 165, with the stipulation that buyers would be required to send the ships to scrapyards that met the Wan Hai Lines' environmental standards.[6][7]
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