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 ...
Taiwan liner operator Wan Hai is to invest more in the logistics sector.
Chairman Chen Po-ting said the company needed to ensure stable revenue, because “the freight makerket appears challenging in the short term”.
Describing the move as a business transformation, Mr Chen said: “When the shipping business isn’t good, we’ll seek opportunities to move into air freight and land transport. Wan Hai has made profits by investing in terminals in Vietnam, India and other places.”
He said Russia’s invasion of Ukraine had ...
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