Fortress SITC – liner shipping's insulated star performer
Is it a bird? Is it a plane? Nope, it’s a ship
Despite the correction in freight rates, Wan Hai Lines’ general manager, Tommy Hsieh, is optimistic about container shipping’s profitability carrying into 2025.
And he revealed that the carrier had been invited to join a shipping alliance – but did not say which one.
On Thursday, after Wan Hai’s H1 24 results, Mr Hsieh said the looming threat of industrial action in US east coast ports would also increase demand for shipping as shippers would divert containers to the US west coast.
Wan Hai’s ...
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