News / Pessimistic Yang Ming to refocus on 3PL, terminals and yards

26/05/2023

Yang Ming’s management said at its AGM today that oversupply in container shipping is expected to worsen.

U-turning from an optimistic position in March, Yang Ming president Patrick Tu Shu-chin blamed geopolitics, inflation and massive newbuild deliveries.

Mr Tu was speaking a fortnight after Yang Ming disclosed ...

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