Wan Hai bucks industry trend with 2016 profit

Riding the strength of the intra-Asian trades, Wan Hai Lines bucked the industry trend of deep 16 losses, posting a TWD1.14 billion ($37.5 million) profit for the year, albeit a far smaller gain than in 2015.
The Taiwanese carrier profit’s was down 71 percent from 2016. Lower freight rates pulled down… Source: http://www.joc.com

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