Wan Hai Lines

Wan Hai Lines

Wan Hai Lines is a container carrier with a network that covers areas in Asia, the United States, South America, Africa, Europe, and the Middle East. Established in 1965 with headquarters in Taipei, Taiwan, the shipping company has a fleet of 72 vessels with a total capacity of 178,445 TEUs. Almost 87 percent of Wan Hai’s services are focused on routes in Asia, where container volumes and freight rates are more stable than in the volatile east-west trades. This has enabled the carrier to regularly remain in the black while its larger Taiwan rivals suffer losses.

 

JOC Top 40 container carrier rankings first half 2019
16 Sep 2019
Container carriers in the slowing US import and export trades are exercising increased discipline, maintaining capacity levels rather than introducing new vessels in an attempt to secure a larger share of the market.
13 Sep 2019
The larger container ships global carriers are starting to deploy in intra-Asia trades are putting pressure on specialist feeder lines already dealing with bad weather, port congestion, and shifting trade patterns.
05 Apr 2019
Container carriers are increasing capacity to Vietnam as manufacturers shift production from China to Southeast Asia.
06 Mar 2019
Long-haul container carriers are looking to take advantage of a recent change in India cabotage rules intended to lure transshipment cargo away from foreign hub ports.
Dakshin Bharat Gateway Terminal at Tuticorin port.
13 Dec 2018
Wan Hai hopes to attract business/volume under India's liberalized cabotage system.
ZIM San Francisco.
29 Nov 2018
The combined US import market share of the Top 5 US import carriers slipped 0.3 percentage points to 58.1 percent from January through September, while the Top 5’s US export share fell 0.8 percentage points to 58.4 percent, according to data from PIERS, a sister product of JOC.com.
A ZIM ship.
05 Nov 2018
Top 40 US import/export carriers: the strong US import volumes, particularly from Asia, have benefitted container lines, with year-over-year gains rising steadily since April on tariff fears. Zim and Pacific International Lines recorded the largest US import percentage gains.
Port of Oakland.
09 Apr 2018
The Top 5 container lines serving the United States slightly increased their combined share of imports in 2017, but dominance of their exports receded.
28 Nov 2017
Independent container lines increased their combined market share as well as their total volume of imports in the third quarter.
26 Jul 2017
Carriers large and small battle for market share and profits in the Pacific.
06 Apr 2017
Wan Hai Lines bucked the industry trend of deep 2016 losses, posting a profit for the year, albeit a far smaller gain than in 2015.
14 Mar 2017
Wan Hai Lines is focusing on new growth areas in India.
25 Jan 2017
It will be a busy marketplace on the trans-Pacific from April as smaller carriers and the mega alliances all compete for a share of the growing US import container trade.
13 Sep 2016
The port says the new service could boost traffic by 30,000 TEUs per year.
25 Aug 2016
A group of Asia-based container lines are teaming up to offer new joint services on the intra-Asia trade.
Around 90 percent of Wan Hai’s services are on the intra-Asia trade.
17 Aug 2016
Taiwan’s Wan Hai Lines is the latest intra-Asia specialist to report profit and revenue declines in the first half.
18 May 2016
Taiwan’s top three container lines reported dismal first-quarter results.
10 May 2016
Mitsui O.S.K Lines and Wan Hai Lines have joined forces for a new intra-Asia service.
07 Apr 2016
Wan Hai Lines surpassed Maersk Line as the world’s most profitable container line in 2015, based on operating margins, according to Alphaliner.
18 Jan 2016
Mitsui O.S.K. Lines, Wan Hai Lines, Interasia Lines and Pacific International Lines are expanding their current cooperation in trades to and from India by introducing a new intra-Asia loop, dubbed the China-West Coast India, or CIS, starting at the end of February.
26 Nov 2015
The sharp decline in net income of Taiwan’s top three carriers through the course of the last three quarters gives a clear picture of the container shipping industry’s rapidly deteriorating operating environment.
21 Oct 2015
Kattupalli International Container Terminal’s prolonged and difficult push to woo more ship calls received some support last week when Taiwanese carrier Wan Hai Lines made its maiden call at the private, minor facility on India’s east coast.
24 Aug 2015
Taiwan’s Wan Hai Lines second-quarter profit grew 0.9 percent to $33.4 million even as pricing softened.
15 Jul 2015
The three largest Taiwanese carriers, Wan Hai, Yang Ming and Evergreen Line saw their January to June revenues increase year-over-year, largely due to growing intra-Asia trade.
Yang Ming container ship in Oakland port
18 May 2015
Taiwan’s three top lines became the latest carriers to join the black numbers club, all recording net profit for the first quarter on the back of rising revenue and falling operating costs.
Yang Ming Line container ship
16 Apr 2015
Yang Ming Line, Wan Hai Lines, Pacific International Lines and Cosco Container Lines have jointly kicked off a new container service between the Far East and the Middle East.
03 Feb 2015
Taiwanese container carrier Wan Hai Lines established its own representative office in Gandhidham, India, to cater to the needs of its vessel calls at the ports of Mundra and Pipavav.
30 Jan 2015
OOCL plans to upgrade its intra-Asia service network by joining the Singapore-Chennai 2 (SC2) service operated by Wan Hai Lines and Bengal Tiger Line, starting in early February.
05 Nov 2014
The transition by the world’s container carriers to operating larger ships and the new alliance structures are significantly impacting hub ports, said Randy Chen, Wan Hai Lines assistant to the president.
03 Nov 2014
Steadily dropping bunker fuel prices have raised the intriguing possibility of slow-steaming carriers starting to speed up ships, which would have the immediate effect of injecting huge amounts of additional capacity into a heavily oversupplied market.
09 Oct 2014
Wan Hai Lines plans to launch a new weekly container service between the Indian subcontinent and the Middle East in mid-O
03 Sep 2014
Ocean carriers’ operating margins in the first half of the year veered widely from top-ranked Maersk Line’s positive 7.3 percent to a negative 7.8 percent at Chile’s CSAV, according to industry analyst Alphaliner.
Asian Gypsy Moth
26 Aug 2014
Tiny, dirt-like egg clusters are waylaying cargo at ports in the United States, delaying thousands of containers for days at a time.
Asian gypsy moth caterpillar
22 Aug 2014
At least two ships have been quarantined and all others coming from Asia to the United States will be heavily scrutinized as officials attempt to block an invasive species from making landfall in the U.S.
Wan Hai container ship
18 Aug 2014
Intra-Asia specialist Wan Hai Lines reported a 7.2 percent increase in container volumes in the first half of 2014, pushing revenue up nearly 10 percent as the shipping industry continues to feel the effects of increased demand.
12 Jul 2014
Wan Hai Lines plans to upgrade its intra-Asia service network by joining the West India-China direct service (WIN) operated by a consortium of NYK Line, X-Press Feeders, Hapag-Lloyd and Yang Ming Lines.