Wan Hai leap on to logistics biz amid 'challenging' freight market - India Shipping News

Taiwan liner operator Wan Hai is planning to invest more in the logistics sector as it seeks stable revenue amid a challenging freight market. Chairman Chen Po-ting said the firm would move into air and land freight when shipping business is poor, adding it has invested in terminals in India and Vietnam. While Wan Hai has continued to buy ships, containers and terminals, Chen said the geopolitical and economic situation had made the firm conservative in its outlook, adding it did not expect the container shipping market to perform well.

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