In 2024, the container shipping company Yang Ming Marine Transport Corporation reported revenues of 22.7 billion Taiwan dollars (US$6.8 billion), with a increase of +58.4% on the previous year. Strong operating profit and net profit also grew respectively to 77.6 billion (+1,143.9%) and 64.5 billion Taiwanese dollars (+1,169.7%).

In the fourth quarter of 2024 alone, revenues amounted to 53.5 billion Taiwan dollars, with a progression of +63.4% on the corresponding period of the previous year. Operating profit is state of 23.3 billion (+411.4%) and net profit of 12.6 billion compared to a net loss of -1.2 billion in the quarter October-December 2023.

Commenting on the annual results, Yang Ming recalled today that in 2024 the global container shipping sector recorded an increase in net capacity of approximately three million TEU containers, leading to a growth in supply higher than demand. To help mitigate the impact of excess hold capacity during the 2024 the effects of the redirection of ships on the route that around the Cape of Good Hope to avoid the one through the Suez Canal due to the Red Sea crisis and congestion of key ports. Noting that, in addition, the solid performance of the The economic impact of emerging Asian markets has contributed to to global economic growth, the company Taiwanese specified that the first three quarters of 2024 are states characterized by favorable market conditions with volumes of goods and freight rates on the rise.

On the occasion of the announcement of the economic results achieved in 2024, Yang Ming announced that his board of directors administration, in view of the introduction of the new environmental regulations and the development of energy technologies maritime transport alternatives, decided to strengthen the fleet optimisation programme with the introduction of new more energy-efficient ships by elevating them the 13-ship consistency, including six dual-fuel container ships 8,000 TEUs that can be fueled with liquefied natural gas and up to seven 15,000 TEU-fueled dual-fuel ships powered by LNG.