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Wan Hai has stated that it wants to “further enhance” its market share in the container-line sector and may invest in four new vessels. Yet, its ambition looks small for now. The reported orders would add just 4% to its global fleet. That won’t change its market position where it is the lar... Read more →
Mexico’s continuing trade boom comes ahead of elections that could see a change in government and complications to NAFTA talks. The U.S. trade deficit has fallen year-over-year for the first time since 9/16. Wan Hai’s plans could afford to be more ambitious. Also: Vancouver’s new port fundi... Read more →
The Taiwanese shippers both experienced double-digit declines in revenues in 2Q16 vs. a year earlier, with Evergreen 3% below market expectations and Wan Hai 4%. In July though they diverged – Panjiva data shows Evergreen’s U.S.-bound shipments rose 13% vs. June, while Wan Hai dropped... Read more →
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