Taiwan’s three major container carriers — Evergreen Marine, Yang Ming Marine Transport, and Wan Hai Lines — all posted higher revenue in August 2026, both y/y and m/m. The improvement was also visible on a year-to-date basis, with all three remaining in positive territory through the first eight months of the year.
Will all three carriers post at least 10% YoY revenue growth for 9M 2026?
Evergreen Marine
Evergreen reported August revenue of NT$49.0bn ($1.52bn), up 48.6% YoY and 1.9% MoM.
Revenue for the first eight months reached NT$288.7bn ($9.1bn), increasing 9.8% YoY.
Evergreen currently operates 242 vessels with total capacity of approximately 2.02mn TEU, including 169 owned vessels and 73 chartered vessels. Its orderbook includes 76 vessels totaling around 868,000 TEU.
Yang Ming Marine Transport
Yang Ming reported August revenue of NT$21.6bn ($670mn), up 56.2% YoY and 3.7% MoM.
Revenue for January-August reached NT$127.0bn ($4.0bn), representing 11.9% YoY growth.
The carrier operates 98 vessels with total capacity of approximately 756,000 TEU. Its current orderbook consists of 21 vessels totaling around 272,000 TEU.
Wan Hai Lines
Wan Hai generated NT$19.2bn ($600mn) in August revenue, increasing 65.6% YoY and 3.0% MoM.
Eight-month revenue reached NT$114.4bn ($3.6bn), up 19.2% YoY, the fastest growth among the three carriers.
Wan Hai operates 124 vessels with total capacity of approximately 624,000 TEU, while its orderbook includes 49 vessels totaling around 504,000 TEU.
Fleet Capacity and Orderbook
Current deployed capacity versus newbuilding orderbook.
Evergreen remains the largest of the three by both revenue and deployed capacity. Wan Hai, meanwhile, recorded the strongest year-to-date revenue growth and also has the largest orderbook relative to its existing fleet.
Source:
- Company press release - https://emops.twse.com.tw/server-java/t58query#37
