News / Taiwanese trio of container lines set differing courses after a tricky 2013

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More evidence that operating a global container service remains financially unrewarding – unless you enjoy the economy of scale of and low borrowing costs of Maersk Line – is provided by the differing fortunes last year of Taiwan’s major three carriers, Evergreen, Yang Ming and Wan Hai.

The largest of the three, Evergreen, and second-ranked Yang Ming both racked up losses as a result of their involvement in the world’s overcapacity-plagued east-west tradelanes, while, Wan Hai – having previously had its ...