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Home Maritime & Ocean News

Yang Ming nears US$1.4 million in Q1 revenue

May 13, 2025
in Maritime & Ocean News
Yang Ming nears US$1.4 million in Q1 revenue
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Taiwanese shipping company Yang Ming reported total revenues of US$1.38 million in the first quarter of 2025, while container volumes between China and the United States have been significantly impacted due to tariff-driven trade policies.

The United Nations Conference on Trade and Development (UNCTAD) and the International Monetary Fund (IMF) have revised their 2025 global economic growth forecasts downward to 2.3% and 2.8%, respectively, while Drewry and Clarksons have also revised their container demand growth forecasts for 2025 to -1.0% and 0.3%, respectively. Supply growth is estimated at 5.4% and 6.3%.

In light of continued geopolitical, economic, and supply chain uncertainties, Yang Ming said it will try to remain vigilant in monitoring market demand and cargo flow trends.

The company added that it will continue to optimize its service network and maintain flexible fleet deployment. Furthermore, the Taiwanese carrier noted it will continue its fleet and container renewal programs to strengthen operational capabilities and deliver stable, efficient container transport services.

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