Taiwan region’s three major shipping companies’ August revenue declined

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According to Shipping Exchange news, data shows that Evergreen Marine, Yang Ming Marine Transport, and Wan Hai Lines all achieved year-on-year and month-on-month revenue declines in August 2025.

Specifically, affected by the uncertainty of Trump 2.0 tariffs, the revenues of the three major liner companies, Evergreen, Yang Ming, and Wan Hai, all decreased year-on-year in the first eight months of this year. In terms of August revenue, Evergreen Marine’s revenue remained stable at approximately NT$33 billion, Yang Ming Marine Transport’s revenue dropped to approximately NT$13.8 billion, and Wan Hai Lines’ revenue remained stable at approximately NT$11.6 billion.

Evergreen Marine’s Jan-Aug Revenue Decreased 7.74% Year-on-Year
Evergreen Marine achieved operating revenue of NT$32.957 billion (US$1.078 billion) in August 2025, a year-on-year decrease of 38.69% and a month-on-month decrease of 1.93%.

In the first eight months of 2025, Evergreen Marine’s cumulative operating revenue was NT$263.016 billion (US$8.601 billion), a year-on-year decrease of 13.23%.
According to the latest data from Alphaliner, in the global Top 100 liner companies by capacity, Evergreen Marine ranks 7th globally, operating 232 vessels, including 155 owned vessels and 77 chartered-in vessels, with a total capacity of 1.8774 million TEU. Furthermore, Evergreen Marine holds orders for 46 newbuildings, totaling 718,400 TEU.

Yang Ming Marine Transport’s Jan-Aug Revenue Decreased 23.11% Year-on-Year
Yang Ming Marine Transport achieved operating revenue of NT$13.838 billion (approximately US$452 million) in August 2025, a year-on-year decrease of 46.28% and a month-on-month decrease of 10.63%.

In the first eight months of 2025, Yang Ming Marine Transport’s cumulative operating revenue was NT$113.496 billion (approximately US$3.711 billion), a year-on-year decrease of 23.11%.
Meanwhile, Yang Ming Marine Transport recently announced that it will adjust its Trans-Pacific routes starting October 2025. The Premier Alliance will suspend the PS5 service and optimize the existing PS4, PS6, FP2, and EC2 services.

PS4 service adds Ningbo port and cancels Xiamen port call.
Revised port rotation: Yantian – Kaohsiung – Keelung – Ningbo (added) – Los Angeles – Oakland – Keelung – Kaohsiung – Yantian.
The first voyage will be the “YM Uniform” / W, expected to arrive at Yantian on October 5, 2025. Meanwhile, Xiamen cargo can be switched to the PS7 service.

PS6 service adds Qingdao port.
Revised port rotation: Qingdao (added) – Ningbo – Shanghai – Gwangyang – Busan – Long Beach – Oakland – Busan – Gwangyang – Incheon – Qingdao.
The first voyage will be the “HMM Topaz” / W, expected to arrive at Qingdao on September 27, 2025.

FP2 service adds Busan port.
Revised port rotation: Singapore – Laem Chabang – Cai Mep – Haiphong – Yantian – Busan (added) – Vancouver – Tacoma – Tokyo – Kobe – Shanghai – Ningbo – Yantian – Singapore.
The first voyage will be the “ONE Cygnus” / W, expected to arrive at Singapore on September 29, 2025.

EC2 service adds Norfolk port.
Revised port rotation: Xiamen – Yantian – Ningbo – Shanghai – Busan – Manzanillo – Savannah – Charleston – Norfolk (added) – Manzanillo – Busan – Xiamen.
The first voyage will be the “ONE BlueJay” / W, expected to arrive at Xiamen on October 7, 2025.

According to the latest data from Alphaliner, in the global Top 100 liner companies by capacity, Yang Ming Marine Transport ranks 10th, operating 101 vessels, including 60 owned vessels and 41 chartered-in vessels, with a total capacity of 726,000 TEU. Furthermore, Yang Ming Marine Transport holds orders for 18 newbuildings, totaling 230,500 TEU.

Wan Hai Lines’ Jan-Aug Revenue Decreased 8.87% Year-on-Year
Wan Hai Lines achieved operating revenue of NT$11.594 billion (approximately US$379 million) in August 2025, a year-on-year decrease of 40.25% and a month-on-month decrease of 6.61%.

In the first eight months of 2025, Wan Hai Lines’ cumulative operating revenue was NT$95.953 billion (approximately US$3.138 billion), a year-on-year decrease of 8.87%.

Image source: Wan Hai Lines official website
Latest Update on the “WAN HAI 503” Incident
Shipping Exchange news, on September 10, Wan Hai Lines updated the latest progress on the “WAN HAI 503” (Wan Chun) incident on its official website.

Wan Hai Lines stated, “‘WAN HAI 503’ (Wan Chun) is currently transiting the Strait of Hormuz en route to Jebel Ali. The salvage team has boarded the vessel and completed a comprehensive inspection and measurement of the cargo holds. Preliminary assessment indicates the vessel’s stability and structure are intact, with no immediate risks identified. Monitoring of the vessel is ongoing, and currently no smoke, container shifting, or other abnormalities have been observed.”

Wan Hai Lines declared, “Regarding arrangements for a port of refuge, relevant coordination is being actively evaluated and discussed. Further updates will be provided as the situation develops.”

Data from Shipping Exchange’s strategic partner, ShipVision宝, shows the status of “WAN HAI 503” (Wan Chun) as “Restricted Maneuverability,” with a current speed of 2.2 knots, expected to arrive at Jebel Ali, UAE on September 14.

According to the latest data from Alphaliner, in the global Top 100 liner companies by capacity, Wan Hai Lines ranks 11th, operating 114 vessels, including 113 owned vessels and 1 chartered-in vessel, with a total capacity of 550,900 TEU. Furthermore, Wan Hai Lines holds orders for 32 newbuildings, totaling 354,800 TEU.