Alphaliner: Growing uncertainty about Yang Ming's financial state

Even though Taiwan's Yang Ming has tried to calm the market, insufficient information from the carrier only leads to increasing uncertainty, notes Alphaliner.

by OLE ANDERSEN

This Monday, Taiwanese container carrier Yang Ming tried to calm the carriers customers and shareholders by issuing a notice to the Taiwan Stock Exchange informing that the suspension of the carrier's share is part of a standard procedure for companies facing recapitalization.

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Yang Ming books huge loss in 2016
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Container industry suffers record deficit in 2016
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Yang Ming gets fresh capital from the state
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