Friday, February 7, 2020
Tuesday, October 8, 2019
Samsung Heavy Industries to Build the World Largest Containerships for Evergreen
South Korean shipbuilder Samsung Heavy Industries will build six of the world’s biggest containerships for Taiwanese shipping company Evergreen Marine Corporation in a deal worth $920 million. SHI says the...
Thursday, September 12, 2019
Evergreen Confirms Orders for Ten 23,000 TEU Megaships
The board of Taiwanese shipping line Evergreen has approved orders for ten 23,000 megaships at three shipyards in South Korea and China. The company confirmed the orders in a series...
Monday, September 18, 2017
Evergreen Marine, Asia’s Most Dramatic Hot-to-Cold Stock, Slides as China Bet Wanes
By Yu-Huay Sun and Richard Frost (Bloomberg) — A Taiwanese shipping company is enduring the sharpest swing in fortunes among Asian shares. Evergreen Marine Corp., which operates the region’s second-largest container fleet,...
Wednesday, June 7, 2017
Monday, December 5, 2016
Taiwan Shipping’s Perilous Straits Call for Marriage
By David Fickling (Bloomberg Gadfly) — While the global container industry has embarked on a spree of pairings and menages-a-trois over the past 12 months, many of Asia’s shipping lines...
Wednesday, November 16, 2016
Taiwan Offers to Lend Local Shipping Lines $1.9 Billion
TAIPEI, Nov 16 (Reuters) – Taiwan’s government said on Wednesday it will offer to lend struggling local shippers NT$60 billion ($1.9 billion) at below-market interest rates, to help them cope...
Thursday, November 3, 2016
Ocean Alliance Toe Hits Water with Early Publication of Service Network
By Mike Wackett (The Loadstar) – The Ocean Alliance, which next April will be the biggest of the three vessel-sharing alliances, has published its pro-forma network, including port rotations for...
Wednesday, April 20, 2016
Container Shipping Companies Form Asia-Focused “Ocean Alliance”
By Brenda Goh and Gus Trompiz SHANGHAI/PARIS, April 20 (Reuters) – China COSCO Shipping and France’s CMA CGM sought to reinforce their growing global scale in the container line market...
Wednesday, February 17, 2016
Container Shipping Shake-Up as CMA CGM, China Cosco, OOCL and Evergreen Plan New Alliance
By Mike Wackett (The Loadstar) – Newly-merged Chinese ocean carriers Cosco and CSCL, together with Evergreen, OOCL and CMA CGM are set to form a new east-west mega-alliance. According to...
Wednesday, January 20, 2016
Monday, September 14, 2015
Evergreen Orders Ten More Boxships for Intra-Asia Trade
Evergreen Group has confirmed another an order with Japanese shipbuilder Imabari calling for ten 2,800 TEU containerships on the heels of its previous order for ten similar vessels announced...
Thursday, February 20, 2014
CKYH Regroups With Evergreen to Fight the P3 and G6 – Will CSCL be Next to Link Up?
In the worst-kept secret in container shipping, the CKYH alliance of Cosco, K Line, Yang Ming and Hanjin Shipping is to team up with Taiwan’s Evergreen Line on the Asia to Europe tradelanes to form an enlarged operational grouping to be known as the CKYHE alliance.
Monday, December 16, 2013
Evergreen Sells Container Assets to Boost a Sagging Bottom Line
Taiwanâ€™s largest container shipping company, Evergreen, has joined the growing group of carriers selling assets to turn around a year of loss-making liner services.
Monday, November 11, 2013
Friday, February 1, 2013
Evergreen Seafarer Training Center Earns ClassNK Certification for Training Courses
TAIWAN – Japanese classification society ClassNK announced today that it has certified the Bridge Resource Management (BRM), Electronic Chart Display Information Systems (ECDIS) and Engine-room Resource Management (ERM) training courses...
Friday, August 31, 2012
Evergreen Marine Reports First Profit in a Year as Sales Rise
Evergreen Marine Corp., operator of Asia’s No. 2 container-shipping line, had its first quarterly profit in a year as sales increased on higher freight rates. Net income rose to NT$858...
Monday, August 27, 2012
Costamare Purchases Containership, Announces New Charter Agreements with Evergreen
Athens-based containership owner/operator, Costamare Inc. (NYSE: CMRE) announced today that it has purchased the 15 year-old, 2,458 TEU container vessel Messini (ex. Pembroke) for $6.8 million, and that they will charter...
Thursday, July 26, 2012
Evergreen Launches 8,452-TEU Containership Built to Steam Slowly
Ever Lambent, the first L-type containership in the Evergreen Line fleet, was christened by Evergreen Group Chairman and founder Dr. Chang Yung-fa at the Samsung Heavy Industries shipyard. The ceremonial...
Thursday, May 3, 2012
Costamare Optimistic on Containership Market, Newbuilds and Aquisitions to Continue
SINGAPORE (Dow Jones)– Greek shipping company Costamare Inc. (CMRE) will probably continue to grow through new builds and acquisitions and it remains optimistic about the global containership market, a company...
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