
U-Ming Marine Transport Corp
TWSE:2606

U-Ming Marine Transport Corp
Accrued Liabilities
U-Ming Marine Transport Corp
Accrued Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accrued Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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U-Ming Marine Transport Corp
TWSE:2606
|
Accrued Liabilities
NT$929.5m
|
CAGR 3-Years
0%
|
CAGR 5-Years
3%
|
CAGR 10-Years
N/A
|
|
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Sincere Navigation Corp
TWSE:2605
|
Accrued Liabilities
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Wan Hai Lines Ltd
TWSE:2615
|
Accrued Liabilities
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Yang Ming Marine Transport Corp
TWSE:2609
|
Accrued Liabilities
NT$3.8B
|
CAGR 3-Years
6%
|
CAGR 5-Years
33%
|
CAGR 10-Years
8%
|
|
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Evergreen Marine Corp Taiwan Ltd
TWSE:2603
|
Accrued Liabilities
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Wisdom Marine Lines Co Ltd
TWSE:2637
|
Accrued Liabilities
NT$750.7m
|
CAGR 3-Years
6%
|
CAGR 5-Years
1%
|
CAGR 10-Years
6%
|
U-Ming Marine Transport Corp
Glance View
U-Ming Marine Transport Corporation, based in Taiwan, has navigated the waves of the maritime industry with precision and steadfastness, etching its presence as a significant player in the global shipping arena. Established in 1984, the company is part of the Far Eastern Group, which has diversified interests spanning from petrochemicals to cement. U-Ming specializes in the transportation of dry bulk commodities, including iron ore, cement, and coal, pivotal to numerous industries worldwide. This specialization underscores its operational focus on large-scale vessels like Capesize and Panamax, allowing the company to cater to the voluminous demands of international trade. By leveraging strategic long-term contracts with major clients, U-Ming ensures a stable revenue stream, mitigating the volatile nature of spot market rates that often characterize the shipping industry. The core of U-Ming's operational strategy lies in its commitment to fleet modernization and environmental sustainability, striving to achieve greater efficiency through the adoption of advanced technology and eco-friendly practices. Employing a state-of-the-art fleet management system, the company optimizes routes and fuel use, aiming to reduce costs while enhancing service reliability. It is also actively investing in vessels equipped with scrubbers and, increasingly, dual-fuel technologies to comply with international regulations on emissions and maintain its competitive edge. Thus, U-Ming's business model integrates long-term contractual stability with an agile approach to technological and regulatory shifts, allowing it to steadily chart growth in the ever-evolving maritime landscape.

See Also
What is U-Ming Marine Transport Corp's Accrued Liabilities?
Accrued Liabilities
929.5m
TWD
Based on the financial report for Dec 31, 2024, U-Ming Marine Transport Corp's Accrued Liabilities amounts to 929.5m TWD.
What is U-Ming Marine Transport Corp's Accrued Liabilities growth rate?
Accrued Liabilities CAGR 5Y
3%
Over the last year, the Accrued Liabilities growth was 19%.