TS Lines’ earnings surged in the first ten months of 2024.
The Taiwanese operator, which was listed in Hong Kong in November, said net profit for the period jumped 38-fold, to $270m, as freight rates firmed due to the Red Sea crisis.
TS said it expected full-year profit to be significantly higher than 2023’s $20.7m when it announces its results in March.
Meanwhile, the carrier has adjusted its Asia West Coast 2 (AWC2) …
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