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  • Yang Ming share trading halt


    Share trading halted for the 9th largest container vessel operator, Yang Ming.

    A report release recently stated that after Hanjins downfall, Yang Ming now possesses the most leveraged balance sheet in the shipping industry.

    With continued losses posted in 2016, the Taiwanese company is looking for a portion of their governments 1.9B shipping assistance package to alleviate issues.

    A spokesperson rejected talks of a merger or takeover possibilities,  shining a light on improved Q4 performance in 2016 and further improvement in 2017

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