Shippers claim major box lines 'acted together' to profit from the pandemic
Global container lines may be facing fines, and compensation payments of more than $75m, after ...
Taiwan’s container lines all experienced positive second quarters: Evergreen, Wan Hai and Yang Ming all reporting healthy upturns in profitability.
Evergreen saw quarter-on-quarter revenue jump up 20%, to $3.3bn, with operating profit of $1bn more than doubling that of the previous three-month period, and three times as high as in Q2 23.
Alphaliner noted: “The result has echoes of the pandemic period when transpacific specialists saw the most dramatic uplift in profits.
“As of end ...
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