Red Sea crisis forces Maersk to increase capacity over strategy limit
Maersk Line appears to have temporarily abandoned its strategy of maintaining capacity at no more ...
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Yang Ming slid into the red in the final quarter of 2023, with a net loss of $43m after a profit of $483m in Q4 22, but the Taiwanese carrier managed to hold out for a full-year profit of $153m.
“Amid inflation and economic slowdown in 2023, the overall freight levels of container declined compared with 2022, which led to a reduction in annual revenues,” said the carrier.
Final 2023 earnings results – from those carriers ...
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