Taiwan government urged to help debt-ridden Yang Ming

//Taiwan government urged to help debt-ridden Yang Ming

Taiwan government urged to help debt-ridden Yang Ming

By | 2016-12-06T15:26:36+00:00 December 6th, 2016|feed news|Comments Off on Taiwan government urged to help debt-ridden Yang Ming

Shortly after senior Taiwanese shipping line executives denounced suggestions that its two main shipping lines, Yang Ming and Evergreen, might merge, it now appears that Taiwan’s ministry of transportation and communications is considering merging the former with state-owned port operator Taiwan International Port Corp. One reason is that the government continues to hold a 33% stake in Yang Ming – while Evergreen is privately owned – making a merger with the port company a …

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