Taiwanese maritime shipping company Yang Ming Marine Transport has reported net earnings of TWD320m ($11m) in 2017, reversing a TWD14.91bn loss in 2016. The firm attributes the profit to increased revenues due to 9% growth in cargo volumes, stabilised costs, strengthened operating strategies and centralised management operations. The container carrier is also expanding its fleet by chartering 10 larger vessels and 10 smaller vessels.
Taiwanese maritime shipping company Yang Ming has reported net earnings of TWD320m ($11m) in 2017, reversing a TWD14.91bn loss in 2016. The firm attributes the profit to increased revenues due to 9% growth in cargo volumes, stabilised costs, strengthened operating strategies and centralised management operations. The container carrier is also expanding its fleet by chartering 10 larger vessels and 10 smaller vessels.