Taiwan's Most Profitable Listed and OTC Shipping Company Revealed! One Firm Earns NT$39.1 Billion in a Single Month, While Another Tops Industry with NT$2.68 Million Average Annual Salary

The global shipping market is experiencing an operational peak, with Taiwan's container shipping leaders—Evergreen Marine, Yang Ming Marine, and Wan Hai Lines—releasing their latest June revenue results, showcasing robust growth momentum. Benefiting from continuously rising international freight rates, all three carriers reported June revenues up more than 20% to over 30% year-on-year. Shipping industry operators note that market capacity supply remains disrupted by port congestion at major global ports. With traditional peak season demand fully materializing, freight rates are expected to maintain a strong trajectory.

Analyzing the market backdrop, uncertainty surrounding tariff policies and geopolitical tensions have become key drivers behind this surge in freight rates. Industry insiders explain that due to U.S. plans to expand tariff imposition, many companies are pulling forward shipments to avoid potential tax burdens. This move has triggered a short-term spike in trade activity, simultaneously accelerating the onset of peak shipping season demand.

How are shipping lines positioning themselves for peak season dynamics? Here’s a comprehensive look at the latest data from Evergreen, Yang Ming, and Wan Hai.

Reviewing each company’s specific operational performance, Evergreen Marine reported a consolidated revenue of NT$39.141 billion in June, representing a 12.94% month-on-month increase and a 30.01% year-on-year growth. Its cumulative consolidated revenue for the first half of the year reached NT$191.668 billion, down slightly by 2.44% year-on-year. Evergreen stated that global tariff issues and worsening port congestion were the main drivers boosting its monthly revenue.

Yang Ming Marine recorded a consolidated revenue of NT$16.591 billion in June, up 9.85% month-on-month and 20.18% year-on-year. Yang Ming analyzed that the interplay of geopolitical tensions and peak-season cargo-pulling effects provided strong support for freight rates, resulting in a better-than-May monthly revenue performance.

Wan Hai Lines delivered an outstanding performance, with June consolidated revenue reaching NT$16.166 billion, up 17.11% month-on-month and a high 32.7% year-on-year, marking three consecutive months of growth. Its cumulative revenue for the first half reached NT$76.541 billion, up 6.39% year-on-year. Wan Hai noted that all vessels previously stranded in the Persian Gulf due to Middle East tensions have now fully rejoined the fleet. Additionally, one 7,000 TEU and two 8,700 TEU energy-efficient newbuild vessels were delivered and deployed in May and June, helping the company precisely capture peak season business opportunities. Major shipping lines have already begun implementing General Rate Increases (GRI) and Peak Season Surcharges (PSS), reflecting the current state of strong market demand.

Which shipping company is performing the strongest? A ranking of non-management salary medians in Taiwan has been revealed, with one company surpassing NT$2.4 million to top the list.

According to data from 104 Job Bank and corporate disclosures, when comparing 'median annual salary for non-management staff'—a key indicator of frontline employee compensation—Evergreen Marine leads the container trio with NT$2.415 million, followed by Yang Ming Marine at NT$2.048 million, and Wan Hai Lines at NT$1.645 million. However, when looking at 'average annual salary,' Yang Ming Marine surpasses Evergreen Marine with NT$2.68 million, claiming the top spot.