Wan Hai Struggles to Make Progress as Containerlines Sail On — Panjiva
MENU

Wan Hai Struggles to Make Progress as Containerlines Sail On

Corp - Shipping 1027 Earnings 759 Finance 118 Logistics 476 Mode - Containerized 1524 Mode - Seaborne 1845 Taiwan 231

The Taiwanese containerlines reported first quarter revenues that increased 12% on average on a year earlier, but had significant differences individually. Evergreen reported an 18% jump, lagging only COSCO’s acquisition-driven gain. Wan Hai meanwhile saw a 1% drop, possibly due to a weak performance in February around the lunar new year holidays. Yang Ming managed a 12% expansion, driven by volume expansion despite its financial concerns. With just CMA-CGM and Hyundai Merchant Marine left to report, Panjiva analysis shows containerline industry revenues likely increased 6% in the fir...

Copyright © 2025 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.