Container carriers’ total revenue rose by more than 100% in July compared to a
year ago, with the 3 main publicly listed Taiwanese carriers providing a glimpse
of the bumper earnings that carriers are projected to earn in the 3rd quarter.
Evergreen Marine, Yang Ming and Wan Hai’s July revenue figures increased by
132%, 122% and 144% respectively YoY, mirroring the average CCFI increase of
142% over the same period. Despite the recent spot freight rate correction with
the SCFI dropping by 12.9%