Greater China

Evergreen looks to cut costs

Taipei: Evergreen Marine is looking to cut costs by a further 10% by the end of this year.

The shipping line is also looking to develop its business in emerging markets in Latin America and Southeast Asia.

The company posted NT$1.84bn (US$61m) in net losses in the first three months, compared with a net loss of NT$3.14bn.  [17/06/13]

Splash

Splash is Asia Shipping Media’s flagship title offering timely, informed and global news from the maritime industry 24/7.
Back to top button