Independent journal on economy and transport policy
07:58 GMT+1
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Yang Ming filed for a loss in the first quarter
Financial performance of compatriot Wan Hai Lines also fell
May 14, 2020
In the first three months of this year, the container fleet Yang Ming, which consists of 90 ships, carried 1.24 million teu (-4%). The company has disclosed that during the period, fuel costs were increased by 5%.
Meanwhile, compatriot Wan Hai Lines (WHL), which also operates a fleet of 90 smaller container carriers, ended the first quarter of 2020 with revenues of 18.0 billion Taiwan's dollar profit (up 4.1%), operating profit of 609.6 million (-32,2%) 93.3 million (-91.2%).
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In the first three months of this year, the container fleet Yang Ming, which consists of 90 ships, carried 1.24 million teu (-4%). The company has disclosed that during the period, fuel costs were increased by 5%.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
