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Taiwanese container lines are upbeat.
(From Lloyds List)
TAIWAN'S big three container lines all posted very strong third quarter results.
Evergreen Marine, the world's fourth largest container line by capacity, saw its quarterly net profit jump 167% year on year to T$4.34bn ($1.3bn).
Evergreen officials cited the strength of the transpacific in particular for the spectacular result. In the first three quarters the company has made T$8.95bn, thrashing its initial T$7.46bn annual target, and leaving it on track to get close to T$10bn for the full year.
Meanwhile, Yang Ming continued to register record results with a third quarter T$2.20bn net profit giving it T$7.024bn net profit for the first three ...
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