Evergreen Marine, Yang Ming called to heel as shipping rates soar — Panjiva
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Evergreen Marine, Yang Ming called to heel as shipping rates soar

China 3053 Corp - Shipping 1030 Mode - Containerized 1525 Mode - Seaborne 1846 Taiwan 231 Theme - Rates 240 U.S. 5404

The ongoing elevated levels of container shipping rates globally, which are ending the year at record highs for most routes, has drawn the attention of regional authorities. The most recent has been Taiwan’s Ministry of Transportation and Communications which has called on the container line operators “to increase shipping and prioritize slots for Taiwanese exporters and shippers while being transparent with freight charges” at a recent meeting. That will apply pressure to locally domiciled container lines including Evergreen Marine and Yang Ming to adapt their opera...

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