Container carrier Wan Hai Lines posted record revenue of $4.9 billion in 2024, from $3.03 million in 2023.
The company (2615.TW), with Evergreen Marine and Yang Ming one of Taiwan’s Big Three liner operators, said net profit also grew to a record $1.44 billion from a loss of $175.5 million in 2023.
Carriers have seen soaring results on vessels on longer voyages being diverted away from the Red Sea and soaking up capacity, pushing up shipping rates.
Operating profit for the world’s 11th-largest...
https://www.freightwaves.com/news/wan-hai-lines-sees-record-revenue-profit