U-Ming stronger

Taiwanese bulker owner U-Ming has pushed up earnings as revenue doubled in the second quarter.

The Taipei-listed shipping company recorded net earnings of TWD 615.5m ($20.53m) to 30 June, from TWD 240.22m in the same three months last year.

Revenue soared to TWD 2.82bn from TWD 1.6bn in 2013.

Total operating costs were TWD 1.85bn, against TWD 1.56bn the year before.