Taiwanese ocean carrier Yang Ming announced revenue of US$1.15 billion and reported net loss of US$4.27 million in the second quarter of the year. However, the company achieved a profit of US$107.04 million in the first six months of 2023 with consolidated revenues in the same period reaching US$2.36 billion.
“The maritime industry in the first half of the year was impacted mainly by inflation and uncertainty in the global economy. Additionally, freight rates declined compared to the same period...
https://container-news.com/yang-ming-completes-second-quarter-with-over-us4-million-loss/