Comment / Analysis: can Yang Ming raise enough cash in time to prevent it sinking?

© Yali Shi | Dreamstime.com - Large Transport Vessel

A witch hunt is under way in the container shipping industry – just how bad is the situation of Taiwan’s Yang Ming Marine Transport, and how much money does it need to fix its balance sheet?

These have become two of the most recurring questions in the marketplace since the end of 2016 – and my apologies to those who find my conclusions unpleasant reading.

Headlines

“Yang Ming labelled the new Hanjin by Drewy” ran the January headline in Splash 24/7, when speculation grew stronger ...