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 ...
Patrick Tu. Photo: Yang Ming
Yang Ming president Patrick Tu believes the lifting of China’s Covid-19 restrictions could stimulate consumption – although freight rates have fallen substantially since mid-2022.
He told a media briefing on Monday the looming Chinese New Year, which falls on 22 January, had temporarily halted the slide, ...
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