Taiwan’s Wan Hai Lines and Transtotal Agencia Maritima have set up a joint venture firm in Lima, Peru to run shipping related operation and provide more direct, efficient services to customers.

Taipei-listed Wan Hai Lines has posted a jump in net profit in the first quarter compared to year-ago figures.

Pacific International Lines (PIL), in collaboration with Kawasaki Kisen Kaisha (K Line) and Wai Han Lines, will introduce a new China Transpacific 3 (TP3) service from 10 May 2015 with six container vessels.

The container carriers of Pacific International Lines (PIL), Coscon, Wan Hai Lines and Yang Ming Marine Transport will start a new Far East-Middle East trade from 5 April.

Taiwan’s Wan Hai Lines has posted strong improvement in earnings in the first half of 2014 as shipping volumes rose.

Taiwanese container line Wan Hai has become the first international shipping company to resume services to Iran following the easing of EU sanctions.