News / Evergreen and Wan Hai face up to bearish market as profits tumble

Photo: VesselFinder

31/05/2023

Evergreen and Wan Hai chiefs admitted yesterday that the continuing Russian war on Ukraine meant revising the shipping market outlook of improvement after a poor first quarter.

Both Taiwanese liner operators were holding their AGMs and Evergreen president Eric Hsieh said Q1 23 net profit had plunged ...

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Evergreen Interim results Liner shipping Taiwan Wan Hai Lines

News / Evergreen and Wan Hai face up to bearish market as profits tumble

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News / Evergreen and Wan Hai face up to bearish market as profits tumble

This is a Daily News Story

Comment on this article

Related Stories

Maersk fined $1.9m for unfair D&D fees, with more carriers in the firing line

US tariffs will support ocean demand and keep rates high, says Wan Hai

China in new crackdown on carriers for 'freight rate violations'

Taiwan in talks with Iran to free flag-carrier box ships from the Gulf

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Bunker fuel prices begin to stabilise – but not at all ports

Intra-Asia trade the next hunting ground for M&A-hungry carriers

Wan Hai sees profits fall, but eyes more newbuilds

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