Yang Ming launches fleet expansion plan after profits soar
Taiwan’s Yang Ming is bullish about long-haul ocean freight rates as it embarks on fleet ...
Yang Ming’s third-largest shareholder, state-owned Taiwan International Ports Corporation (TIPC), is to retain at least 150 million shares in the liner operator.
TIPC announced on Sunday that, after selling 1.5m Yang Ming shares for $53.1m, it would retain 176.9m shares, bringing its stake to just under ...
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