Taiwanese shipping companies see December revenues halved

December revenues for Taiwan’s top three container shipping companies plummeted 40-50% from the same period a year ago due to inflationary pressure, sluggish demand, and collapsing shipping rates. Evergreen Marine announced consolidated December revenue was NT$29.144 billion (US$955 million), a month on month decrease of 19.25% and when compared to the same period a year …

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