For its land size, Taiwan has an overweight position in the container shipping segment.
Taiwan’s leading three container reported plunging revenue numbers for Dec 2022 vs comparable month in 2021.
"Shipping companies do remain hopeful about the year ahead. At present, key freight rate indicators such as SCFI and CCFI have gradually stabilized. However, there are worries that a slowing economy can have a deferred effect on shipping rates as the monthly decline in December revenue indicates a larger economic trend. "
SCFI and CCFI are China-based freight indices
FWIW, Evergreen is the world’s 7th largest liner company, and Yang Ming holds the 9th spot