Taiwanese shipping line Wan Hai posted another strong month, good news for investors as container freight rates stay high.

• July revenue jumped 50% from a year earlier and profit rose 20%.
• Freight rates are still near recent highs, with the main Shanghai export shipping index climbing again.
• Ship charter demand is strong and available vessels are scarce, keeping prices firm.
• Low water in the Panama Canal, Asian typhoons, and clogged ports are slowing ships down and squeezing capacity further.
• Wan Hai, now the world's 11th largest carrier, takes delivery of a new ship in September and 42 more between 2027 and 2030.

Outlook: With few new ships arriving industry-wide in the near term, supply stays tight and freight rates — and Wan Hai's profits — should hold up.