Comment / Analysis: Yang Ming and Seaspan both suffering, but is it stress or distress?

© Kaan Kurdoglu

For the investment community at least, Taiwan’s Yang Ming has been sailing under the radar for a couple of quarters–  one fund manager invested in its stock told me last week it was “because its operational improvement has been significant in a buoyant market for rates and investors”.

It appears a very different story when I talk to my colleagues at The Loadstar who talk of a carrier which, at every turn, is trying to reassure nervous customers it won’t “do a Hanjin” on them.

So what’s ...