ShippingWatch

Evergreen books deficit despite higher revenue

The world's seventh-largest container liner, Evergreen Marine, booked a bottom line deficit in the second quarter. The loss came despite the fact that the company increased its revenue.

Photo: /ritzau/Gene Blevins

Liner shipping company Evergreen Marine, the world's seventh-largest player in the market for seaborne container freight, booked a bottom line deficit in the second quarter, according to financial figures submitted by the company to the Taiwan Stock Exchange.

Evergreen's revenue increased to TWD 38.29 billion (USD 1.24 billion) in the second quarter from TWD 37.7 billion in the same period 2017.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Eurotunnel accuses DFDS of unfair competition on English Channel

Getlink, which owns the railroad service Eurotunnel under the English Channel, accuses ferry operators DFDS and P&O ferries of having struck an unfair deal on the Dover-Calais route in terms of competition. DFDS CEO Torben Carlsen rejects the accusation to ShippingWatch.

Further reading

Related articles

Latest news

See all jobs