Wan Hai has come under scrutiny from the US Federal Maritime Commission for assessing detention charges on containers that shippers assert could not be returned to a container terminal.
13 Nov 2019
Yang Ming has managed to cut its losses in the first nine months of the year, but is still some way off delivering a profitable result.
12 Nov 2019
Evergreen saw its profits slashed in the third quarter, barely managing to stay in the black despite an improvement in revenue.
14 Aug 2019
Evergreen Marine has plunged deeper into the mega-ship operating space, ordering another 11 ships in addition to the 11 that are already being built and delivered.
13 Aug 2019
Yang Ming improved its revenue and volume in the first half of the year, but the Taiwanese carrier raised concerns over growing capacity and weaker demand.
15 May 2019
Higher volumes for HMM and Yang Ming drove better operating results, but both are still struggling to attain profitability.
10 Aug 2018
“While we are seeing others in the container ship industry face similar struggles, Yang Ming anticipates a healthier second half, driven by an improving supply and demand ratio,” the ocean carrier said.
11 Apr 2018
Shippers looking to send goods from Latin America west — especially from Mexico — to China and the Far East, and in the other direction, have a growing list of options after the launch of three new services.
26 Mar 2018
Taiwan's Yang Ming has completed a profitable 2017 on the back of a stronger container market and a recapitalization plan.
08 Feb 2018
HMM has been South Korea’s flagship container carrier since the bankruptcy of Hanjin Shipping in February 2017.
26 Dec 2017
The third direct service supplements the carrier's CIMEX 6 and CIMEX 8 service.