News / Booming revenues swell Evergreen H1 profit nearly 30 times

09/08/2021

Taiwanese liner operator Evergreen’s net profit shot up 29-fold in the first half of this year to $3.2bn, thanks to continuing equipment and capacity shortages pushing up rates.

Revenue doubled, to $6.8bn, as runaway freight rates bring unprecedented earnings to liner operators.

On Friday, Evergreen president Eric ...

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