Yang Ming reports massive rise in profit, and orders more ships
Taiwanese carrier Yang Ming today reported revenue of $6.94bn last year, representing a 54% increase ...
Taiwanese mainline operator Evergreen is reportedly negotiating with compatriot shipbuilder CSBC Corp for an order for methanol-propelled feeder vessels.
Evergreen is said to be looking to refresh its ageing feeder fleet; according to S&P Global’s database, the company has 21 ships of less than 3,000 teu which are over 20 years old.
Evergreen has tended to commission vessels in the 1,800-2,900 teu range, which are usually assigned to its intra-Asia and regional routes.
Currently, the carrier has two 1,800 teu and 11 2,300 ...
Comment on this article