keo nha cai moi nhatNews Highlights week: 15 - 2024

Revenues for Taiwan’s leading carriers have jumped 25-30% in keo nha cai moi nhat first two months of keo nha cai moi nhat year, further underlining keo nha cai moi nhat probability of stronger financials in Q1 for many carriers.

Evergreen Marine reported combined January-February earnings of TWD 44.9 bn (USD 1.4 b), up 30% year-on-year and 25% higher than keo nha cai moi nhat final two months of 2023.

Likewise, Yang Ming reported a 17% increase on a year ago, and a 30% bump on keo nha cai moi nhat previous two months, at TWD 24.0 bn.
March revenue figures are not yet out but keo nha cai moi nhat SCFI averaged 2010 points in keo nha cai moi nhat whole of Q1 versus 1089 in Q4.

Announcing poor Q4 results last month, carriers said results would be better in Q1 but warned 2024 profits would be front-loaded in keo nha cai moi nhat first half of keo nha cai moi nhat year.

Wan Hai Lines, which has struggled more than its compatriots, and posted operating losses in each of keo nha cai moi nhat four quarters of 2023, saw a smaller revenue boost in Jan-Feb of 8% year-on-year, and 7% versus November and December.

Big newbuilding program sees ZIM overtake Yang Ming

A massive newbuilding program and a string of recent vessel deliveries has pushed keo nha cai moi nhat operated fleet of Haifa-based ZIM bast that of Taiwan’s Yang Ming.

With a fleet capacity of 707.332 teu, ZIM now claims keo nha cai moi nhat ninth rank among keo nha cai moi nhat world’s container shipping lines.As per 9 April, keo nha cai moi nhat carrier’s fleets were a mere 314 teu apart in terms of overall capacity.

ZIM currently operates 131 ships, while Yang Ming deploys 94.

Structurally, keo nha cai moi nhat carrier’s fleets very much differ since ZIM chartered 95% (122 ships) of its capacity, while Yang Ming balances chartering (59% / 38 ships) and ownership (41% / 56 ships).

keo nha cai moi nhat most striking difference between keo nha cai moi nhat two is Yang Ming’s restraint over keo nha cai moi nhat past few years, while ZIM has embarked on a massive fleet expansion scheme. From a low point of 271,00 teu in April 2020, keo nha cai moi nhat carrier doubled capacity in just three years until April 2023.

ZIM’s newbuilding program included ten LNG-powered 15,000 teu vessels from Seaspan (‘Sammy Ofer’ class: 2023-2024), 15 LNG powered 7800 teu vessels from Seaspan (‘Gemstone’ class: 2023 - 2024 - 5 delivered so far), eight 5,200 teu ships from Navios (‘Bird’ class: 2023 - 2024 - 2 delivered so far), five 5,500 teu ships from MPC keo nha cai moi nhat related interests (River class: 2023 - 2024 - two delivered so far), keo nha cai moi nhat three LNG-powered 7,900 teu ships (‘Aries’ class: 2024 - 2 delivered so far).

Apart from these, ZIM also took on four 12,000 teu newsbuildings from Seaspan (2 ships) keo nha cai moi nhat RCL (2 ships).

MKT Team