Hapag-Lloyd: a 'pretty good first quarter' – but trend for 2025 'pretty uncertain'
As it presented its first-quarter financial results today, Hapag-Lloyd cautioned that any cargo surge following ...
Mid-sized ocean carriers are losing money and the outlook is particularly bleak for the smaller lines, obliging them to consider radical network restructuring.
Yang Ming posted a net loss of $4m for the second quarter, from revenue of $1.15bn, to take the Taiwanese carrier’s profit at the half-year stage down to $107m.
Like all container lines, Yang Ming enjoyed a highly profitable post-pandemic two years, its net profit last year coming in at around $6bn.
However, similar to its peers, the THE Alliance ...
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