Taiwanese maritime logistics company Yang Ming has reported net earnings of TWD320 m ( $ 11 billion ) in 2017 , representing a net profit in 2016 . The company attributed 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.