＂global shipping lines＂ 結果共4筆

The escalating Red Sea crisis prompts shipping companies to reroute, with ten shipping routes from Taipei and Kaohsiung passing through the Red Sea. The Houthi movement, favoring Iran, targets ships in the Red Sea, leading international and local shippers to prioritize safety by announcing delays or re-routing around the Cape of Good Hope. Shipping companies opt to navigate around the Cape or temporarily suspend services, expecting disruptions in ship schedules. The situation mainly affects regional operations and does not yet have global consequences, resulting in no congested ports like during the pandemic. National shipping lines have temporarily ceased accepting cargo for ports in Israel, with further assessments on route adjustments to be made.

Shares of Yang Ming Marine Transport Corp. experienced a surge in volume, with over 70,000 shares traded, ranking in the top five in terms of transaction volume. This follows the suspension of services through the Red Sea by major container shipping companies, including Evergreen Marine Corp., Yang Ming, and Wan Hai Lines Ltd., due to attacks by Yemeni militants. The crisis in the Red Sea has led to global shipping lines rerouting, potentially alleviating excess capacity and boosting international freight rates. The stock performance of these ＂Big Three＂ container shipping firms has drawn significant attention. Evergreen Marine’s stock exhibited volatility, reaching a post-ex-dividend high of NT$148 but later dipping to NT$144.5. Yang Ming’s stock price also reached a morning peak but corrected downwards, with a trading volume surpassing 70,000 shares. Wan Hai Lines experienced a similar downward trend. These movements in the shipping sector are closely monitored amid the ongoing situation in the Red Sea, which impacts shipping routes worldwide.

Leading shipping companies, including Evergreen Marine Corporation, plan to raise shipping rates by up to 30% in 2024. Evergreen’s stock surged by 5.73% after the announcement, while its competitors, such as Yang Ming Marine Transport Corporation and Wan Hai Lines Ltd., experienced declines in their stock prices. Evergreen reported a 37.11% year-on-year decline in consolidated revenue for November due to lower international shipping rates and reduced global freight demand.

Global shipping leader Maersk’s decision to cut its workforce by 10,000 has caused a downturn in shipping stocks on November 6th. Within the first ten minutes of trading, Evergreen Marine (2603) dropped 4% to NT$107.5, while Yang Ming Marine Transport (2609) and Wan Hai Lines (2615) also experienced turbulence with declines of over 2%. Following Maersk’s announcement, the company’s stock price fell more than 18%. The shipping industry is currently facing numerous challenges, including sluggish cargo demand, falling freight rates, rising energy costs, inflation, and geopolitical tensions. Maersk CEO Vincent Clerc described these challenges as the ＂new normal.＂ Insiders have noted that the shipping market is not as robust as it has been in recent years, leading to uncertainty and a ＂supply-demand imbalance＂ in the coming year.