News / Yang Ming expected to remain in the red as industry confidence remains weak

dreamstime

Taiwanese ocean carrier Yang Ming is expected to post another quarterly net loss when it publishes its results on 16 May, according to Alphaliner.

This follows a net loss of TWD14.9bn ($492m) in 2016 and a deficit of $258m recorded in the year before.

If the analyst is correct in its calculations, a Q1 loss, as many of its peers look likely to report a return to profitability, will do nothing to assist the perception of the container line in the eyes of ...