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Taiwan's Yang Ming Marine says won't consider merger to beat downturn

TAIPEI, Jan 18 (Reuters) - Taiwan's Yang Ming Marine Transport, the world's ninth-largest shipping firm, said on Wednesday it will not consider the option of a merger, and that it expects the global oversupply causing a severe downturn in the shipping industry to ease in 2017. [Source]

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Origin: reuters.com

Category: industrialsSector

Topics: shipping, merger, consider, Taiwan's, industry, severe downturn, causing, oversupply, global, expects, option, ninth-largest, world's, Marine Transport, (Reuters), TAIPEI, downturn, won't, Marine

Source: http://www.reuters.com/article/yangming-ma-idUSL4N1F8238?feedType=RSS&feedName=industrialsSector