Yang Ming Marine says losses in 2017 to 'shrink sharply'


Shutterstock photo

TAIPEI, June 20 (Reuters) - Yang Ming Marine Transport Corp
<2609.TW>, the world's ninth-biggest shipping company, said on
Tuesday its expected its losses this year to "shrink sharply"
from the T$15 billion ($495 million) posted in 2016.
    Global shipping firms are struggling to recover from a
severe downturn last year.

 (Reporting by Faith Hung; Editing by Stephen Coates)
 ((faith.hung@thomsonreuters.com; 8862 2500 4893; Reuters
Messaging: faith.hung.thomsonreuters.com@reuters.net))

Keywords: YMTC OUTLOOK/ (URGENT)



This article appears in: Stocks , World Markets , Economy
Referenced Symbols: 2609


More from Reuters

Subscribe






See headlines for 2609

Follow on:








Research Brokers before you trade

Want to trade FX?