Taiwanese shipping line Yang Ming Marine Transport has reported a consolidated after-tax net profit of NT$0.99 billion ($30.9 million) for the second quarter of 2025. This result was achieved on consolidated revenues of NT$38.66 billion ($1.21 billion).
For the first half of 2025, Yang Ming's consolidated revenues totaled NT$84.17 billion ($2.64 billion), with an after-tax net profit of NT$8.76 billion ($274.82 million).
The company's profitability for the period was impacted by weaker cargo volumes and freight rate levels, which it attributed to ongoing trade negotiation uncertainties. Overall profitability was also affected by the recognition of income tax on undistributed earnings.
Looking at the market outlook, the company noted that while the IMF has raised global GDP growth forecasts, uncertainties remain. According to industry analysts, global fleet capacity growth in 2025 is projected to be around 6.2 to 6.3 per cent, against a much lower demand growth of 2.0 to 2.7 per cent, signalling an ongoing supply-demand imbalance.
Yang Ming stated it will focus on capacity management and new market development to navigate the market fluctuations, while continuing its fleet optimisation program to replace older vessels with new, energy-efficient tonnage.