Taiwan's Yang Ming Marine Transport has made it back into the black for 2017 as it focused on costs. The liner company said net earnings to 31 December were TWD 320m ($10.78m), against a
Taiwanese maritime shipping company Yang Ming has reported net earnings of TWD320m ($11m) in 2017, reversing a TWD14.91bn loss in 2016. The company, which is owned by the government and operates under its flag YMC Marine Holdings, said it had made an operating profit for the first time since 2012. The container carrier is also expanding its fleet by chartering 10 larger vessels and 10 smaller vessels.