Yang Ming Marine Transport Corporation published its financial report for the third quarter of 2023.
Consolidated revenue
The company’s consolidated revenue for the third quarter was US$1.16 billion, with an after-tax net profit of US$90.73 million. Additionally, for the first three quarters of 2023, the consolidated revenue was approximately US$3.5 billion, with an after-tax net profit of US$196.49 million.
Alphaliners forecast
According to Alphaliner’s latest shipping market supply and demand growth forecast, the global container ship capacity supply growth rate in 2023 is approximately 8.4%, and 1.4% for the demand growth rate.
“A significant gap between supply and demand growth rates will remain in 2024, presenting an operational challenge that international shipping companies will need to address, as the issue of supply-demand imbalance persists,” said Yang Ming in its statement.
“The overall development of the shipping market is expected to be affected by the ongoing global high inflation, international geopolitical tensions, and policy adjustments by the European Commission concerning the Consortia Block Exemption Regulation (CBER),” added the Taiwan-based ocean carrier.
Did you subscribe to our daily newsletter?
Its Free! Click here to Subscribe
Source : Container news
Wonderful blog! I found it while surfing around on Yahoo News.
Do you have any tips on how to get listed in Yahoo News?
I’ve been trying for a while but I never seem to get there!
Thank you I saw similar here: E-commerce
I think this is one of the most vital information for me.
And i’m glad reading your article. But should remark on some general
things, The website style is great, the articles is really nice :
D. Good job, cheers I saw similar here: ecommerce and also
here: e-commerce
Wow, marvelous blog format! How long have you been running a blog for?
you make running a blog glance easy. The entire look of
your site is excellent, let alone the content!
You can see similar: sklep internetowy and here sklep internetowy