Yang Ming Marine Transport has announced the launch of two new services in Southeast Asia — the Singapore-Philippines Express Service (SPE) service and the Malaysia-Yangon Express Service MYX service amid the strong and steady economic growth in both countries.

The new SPE service will provide a weekly service between Singapore and Philippines starting from December 2 with a Singapore – Manila – Cebu – Singapore port rotation.

The MYX service, meanwhile, will provide a weekly direct service between Port Kelang and Yangon from December 7, and will not only satisfy the export and import demand in Myanmar but also shorten delivery time effectively.

The Taiwanese ocean shipping company said based on International Monetary Fund estimates, Yang Ming said the GDP growth rates in Myanmar and the Philippines are expected to exceed 6% for the next two years.

Currently, Yang Ming already has four services that directly link to Philippines, namely TPE, TPS, PH2 and KMC. The addition of SPE will enable local customers to have greater flexibility in cargo arrangement.

"Yang Ming is committed to pursuing better service quality. The new SPE and MYX services will optimize Yang Ming’s intra-Asia service network and easily connect to Yang Ming’s global service network via transit hub Port Kelang and Singapore," it said.