Independent journal on economy and transport policy
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SHIPPING
In 2023, Yang Ming's revenues decreased by -62.6%
In the fourth quarter alone, the decline was -45.2%
Taipei
January 9, 2024
In December 2023, the downward trend in revenues continued
of Keelung's Yang Ming container shipping company
which reported revenue of $10.6 billion in the month
of Taiwan (344 million dollars), down -34.9% on the
December 2022. In 2023 as a whole, the company's turnover was
amounted to Taiwan dollars 140.8 billion, with a decrease in the
-62.6% compared to the previous year. In the quarter alone
QOQ 2023 revenues totaled $32.9 billion
Taiwanese dollars, with a reduction of -45.2% on the corresponding
period of the previous year.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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