COVID-19 has severely disrupted the global supply chain and supply-demand equilibrium in the shipping industry. Maritime and Port Bureau formed International Maritime Transport Stability Working Group with governmental entities, shipping suppliers, harbor authorities, industry associations and other suppliers. The working group meets monthly on a regular basis. In 2021, the working group held 10 official meetings as well as multiple coordination meetings. FENC is the only company which has been invited consistently to these meetings.

In addition to sharing insights about the shipping market, FENC also provided recommendations from the perspective of an industry leader. The Company urged the Maritime and Port Bureau to negotiate with the liner operators to increase the shipment and prioritize ports in Taiwan when programming new routes for new vessels. FENC also recommended that the government optimize supporting transportation measures near the harbor to improve logistical efficiency.

FENC actively engaged in communications with the Maritime and Port Bureau and other governmental units, which prompted the liner operators to agree on increasing shipments to North America and the Middle East as well as additional slots to address the demand for Taiwanese export. The measures reduced the impact brought by the imbalance of supply and demand in the international supply chain while maintaining growth in export for FENC.