Chen Te-sheng CEO TS Lines Cropped

The next two years will be very challenging for container shipping, with weak European economies seeing volumes slide, said TS Lines chairman Chen Te-sheng on Saturday.

The Taiwanese liner made a net profit of close to $1.35bn last year, but with global inflation and fragile European demand, Mr Chen said he believes 2023-2025 will be more challenging.

And as a result of the dip in the economic outlook, the listing of holding company TS Group on the Hong Kong Stock Exchange may ...

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