News / Taiwan's Yang Ming and Evergreen in line for $540m state-backed loan

Evergreen ship in Kaohsiung
Photo: © Yali Shi | Dreamstime.com
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Yang Ming is to receive TW$8bn ($270m) in financial assistance from the Taiwan government.

The low-interest loan will be part of a fresh TW$16.5bn bailout package for Taiwan’s container sector.

Liner compatriot Evergreen will receive a similar amount, to provide liquidity and help the carrier survive the ...

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