Yang Ming books deficit for the first six months of the year

The Alliance member Yang Ming saw signs of a strained container market in the first half of the year, which was partly characterized by overcapacity. "The market demand is weaker than expected," notes the container shipping company.

by SØREN PICO

Taiwan's Yang Ming felt the effects of a container market characterized by overcapacity in the first six months of the year, according to an earnings update published by the The Alliance member on its website.

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HMM reduced deficit but remains strained by global unrest
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