So far in 2023 TS Lines has exited trades and sold off a chunk of its fleet. Intra-Asian market conditions may have bottomed, and we will know soon whether the company will move forward with an IPO.
Boomeranged on Wed, 10 Jul 2024 10:54
Intra-Asia container carrier TS Lines filed to list its shares in Hong Kong (again) at the end of May, and its filing included full-year 2023 results (but nothing from Q124). Since the company withdrew from Transpacific and Europe-Asia markets in 2023, its most likely comp remains Taiwan's Wan Hai Lines (and maybe Thailand's Regional Container Lines).
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