ports

Yang Ming Charts Strong Course Through Extended Peak Season

Yang Ming reported fully booked vessel capacity on transpacific and Asia-North Europe services extending into July, with the Taiwanese carrier projecting peak season demand through the third quarter. May consolidated revenue reached $480.7 million, up 6% month-over-month and 22% year-over-year, driven by early season front-loading ahead of a 10% global tariff on US imports set to expire on 24 July. The carrier cited traditional peak season patterns and anticipated retailer restocking for Christmas holidays as demand drivers in Europe and North America, while intra-Asia markets remained steady. Yang Ming expects to take delivery of 15,500 teu vessels from HD Hyundai Heavy Industries by year-end for deployment on Asia-North Europe routes. Management maintained a cautiously optimistic outlook while flagging geopolitical risks, US-China trade policy shifts, and Middle East transit disruptions as key monitoring points for Q3 performance.