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The company was founded in 1972 as a shipping line, but has historical links through its merger with the China Merchants Steam Navigation Company (1872–1995), which dates back to the Qing Dynasty. Yang Ming currently operates 101 container ships up to 14,000 twenty-foot equivalent units (TEU) and 17 bulk carriers.
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Transworld Group of Companies was established in 1977 by R. Sivaswamy as a shipping company in Mumbai. In 1989, the company came under the leadership of chairman Ramesh Ramakrishnan and later expanded its operations into shipping, marine and logistics in the Indian subcontinent and the Gulf region. [3] [4] [1]
Indian Register of Shipping was established as a public limited company in March 1975 and has been providing ship classification services. In addition, they establish standards and formulate rules for the construction and maintenance of ships, amphibious installation, marine equipment and industrial and general engineering equipment.
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The service became quickly popular: for UPS the number of packages tracked on the web increased from 600 a day in 1995 [9] to 3.3 million a day in 1999. [10] On-line package tracking became available for all major carrier companies, and was improved by the emergence of websites that offered consolidated tracking for different mail carriers. [11]
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