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Wan Hai is first liner company to report Q2 profit

It may not be one of the world's largest container carriers, but it is still remarkable that Taiwanese Wan Hai has been able to deliver a profit in the second quarter – unlike all its competitors.

Photo: Pete (Wan Hai 206 At Hong Kong) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

Taiwanese Wan Hai has managed what no competitors have been able to do in the second quarter this year - turning a profit.

According to Alphaliner, the liner company's profit is a quite modest one, a mere USD 9 million, but it is on the right side of the line at a time when low rates and expensive bunker has put pressure on the industry.

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