Search results for: Evergreen

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  • 17 December 2014
    Business & Finance, Equipment, Technology

    Thanks to the dredged seabed to -14 meters along the quayside of the Container Terminal and because of the latest integrations between global container carriers, the Port of Koper will be directly connected with the Far East by three container lines from January 2015. In the case of the two newly introduced services (2M and Ocean3) […]

  • 10 December 2014
    Business & Finance

    Maersk Line and Hamburg Sud are ranked as the two most reliable container shipping carriers by Drewry’s new online version of the Carrier Performance Insight. Drewry said that Maersk Line and Hamburg Süd were by far the most reliable carriers in the three months to October 2014 with overall on-time performances of 80.4% and 78.5% […]

  • 24 November 2014
    Business & Finance

    Some of the carriers that suspended their congestion surcharges last week for US West Coast ports have decided to push forward with their plans and introduce surcharges starting on or after November 26th. US Lines and Evergreen Line attributed to this decision the “deteriorating labour situation on the West Coast” which has reduced their respective […]

  • 19 November 2014
    Business & Finance

    Seven carriers have decided to  suspend the announced congestion surcharges for cargo moving via U.S. West Coast ports, that was supposed to enter into effect on November 17, 2014. MSC, US Lines, OOCL, CMA CGM, UASC, COSCO and Evergreen Line said that they will suspend the surcharges until further notice. The surcharges were intended to reach […]

  • 11 November 2014
    Business & Finance

    Yemen’s Port of Aden welcomed its first containership in nearly five years on Sunday, November 9. Evergreen Shipping Line’s  8,452 TEU Ever Logic berthed at ACT to discharge transit containers to neighboring ports. This visit is considered the beginning of the process to return container transshipment business to the Port of Aden. Abdullah Ibrahim Abkar, Chairman of […]

  • 11 November 2014
    Business & Finance

    The giant container ship “Ever Logic” of Evergreen Shipping Line, with a length of 335 meters and a tonnage of 8452 TEU, berthed at the Port of Aden two days ago to discharge transit containers to neighboring ports. This visit is considered the beginning of regaining container transshipment business to the port after the interruption that […]

  • 10 November 2014

    The trend towards more Asia-US East Coast container services via the Suez Canal route and fewer via the traditional Panama Canal route is accelerating, as reported by UK-based shipping consultant Drewry. Based on Drewry’s proprietary database of container services, another 2 Panama weekly services between Asia and the US East Coast have gone in the […]

  • 27 October 2014
    Business & Finance

    Hanjin Shipping is expanding its service network in South Africa by participating in the existing SF1 (South Africa Express 1 Central) and SF2 (South Africa Express 2 South) services, currently operated  by a line of shipping carriers – including Evergreen Line,COSCO, Pacific International Lines, “K” LINE, and Mitsui O.S.K. Lines.  Starting from the last week of October, Hanjin […]

  • 21 October 2014
    Business & Finance

    The CKYHE Alliance (COSCO, “K” LINE, Yang Ming, Hanjin Shipping, and Evergreen Line) has submitted a Filing Agreement to the U.S. Federal Maritime Commission (FMC) in an effort to expand their scope in the U.S. trades.  CKYHE had already submitted a formal letter to China’s  Ministry of Transport (MOT), and had informed the EU Commission of […]

  • 13 October 2014

    Petrofac Offshore Projects & Operations has secured a Duty Holder contract for two assets in the Southern North Sea, following their acquisition by Faroe Petroleum.

  • 2 October 2014
    Business & Finance

    Concerns of container shipping lines in the Asia-U.S. trade lane like sharply higher mandated fuel costs beginning in 2015, inland rail and truck capacity shortages are being addressed in a new approach for the Transpacific Stabilization Agreement (TSA), as the carrier discussion group prepares for a new round of service contract negotiations, TSA said.  The research and discussion […]

  • 25 August 2014
    Business & Finance

    The ongoing port congestion at Manila, the Philippines has been a major reason of concern for shippers as their cargo faces serious delays. The world’s 4th largest container shipping line Evergreen Line said that the congestion is impacting all carriers and ” that all import, export and transshipped cargoes to/via Manila, Philippines would be affected […]

  • 19 August 2014
    Business & Finance

    Member container shipping lines in the Transpacific Stabilization Agreement (TSA) are proposing an across-the board general rate increase (GRI) of at least US$600 per 40-foot container (FEU) to all destinations, effective September 1. Carriers had filed increases in their individual tariffs in late July and subsequently began notifying customers directly, according to TSA’s press release. […]

  • 8 August 2014
    Business & Finance

    Evergreen Shipping Agency (America) Corp. has issued a statement informing their clients that their cargo movements have been affected by truck capacity issues brought on by a number of factors such as stricter regulations, driver shortages and infrastructure issues.   Evergreen goes on to say that every ocean carrier is being impacted by the truck shortages. This […]

  • 17 July 2014
    Business & Finance

    Poised by growing imports from Asia, the Transpacific Stabilisation Agreement (TSA) group has called for an increase of Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1.   Freight rate levels fell substantially in 2013 due to an overall overcapacity in the market. “It is essential for the […]

  • 4 July 2014
    Business & Finance

    Orient Overseas Container Line Limited (OOCL), USA, has been named Top Ranked Carrier for 2014 by the Agriculture Transportation Coalition (AgTC) in San Francisco.   The results of the AgTC’s 2014 Ocean Carrier Performance Survey have been announced at the 26th Annual Meeting of the Agriculture Transportation Coalition in San Francisco. Due to their high ranking, […]

  • 19 June 2014
    Business & Finance

    Dayang Shipyard held a christening  ceremony on June 17th for the newly built GPA696 vessel “Bourbon Evolution 806”. The christening ceremony was attended by His Excellency, Mr. Denis Sassou-N’Guesso, President of the Republic of Congo and Mrs. Antoinette Sassou-N’Guesso, Godmother of the ship. President Sassou-N’Guesso participated in the traditional Chinese dotting the eye ceremony by painting the […]

  • 24 April 2014
    Business & Finance

    UASC has introduce its new Asia – Europe Network with three new services (AEC1, AEC3, AEC4), and two enhanced services (AEC8, AEC9). These services will broaden UASC’s market coverage providing direct services to additional Asian and North European ports whereby UASC will provide more efficient and high quality services to its existing and new customers. […]

  • 31 March 2014

    Consolidation in the container shipping segment via alliances or mergers is likely to accelerate due to persistent overcapacity and freight rates pressure, Fitch Ratings said. Recent developments, including the proposed merger of Hapag-Lloyd and CSAV, US regulatory approval of the P3 Network, and the expansion of the CKYH alliance to include Evergreen will all add […]

  • 21 March 2014
    Business & Finance

    State elected, transportation and manufacturing leaders were on hand yesterday to celebrate the christening of the state’s first 144-car Olympic Class ferry, the M/V Tokitae, at Vigor Industrial’s shipyard in Seattle. Lynn Peterson, Washington’s Secretary of Transportation, served as the ship’s sponsor and broke a bottle to christen the new ferry before a crowd of […]

  • 19 March 2014
    Business & Finance

    Rickmers Maritime, has secured new employment for two of its vessels. The vessels, Henry Rickmers and Richard Rickmers, both 3,450 TEU panamax container vessels, have been chartered to Maersk Line, the world’s largest container shipping company. Henry Rickmers will be delivered to Maersk Line this week and Richard Rickmers two weeks later. The vessels have […]

  • 23 February 2014
    Business & Finance

    First Jack-Up Vessel Built in Germany for Offshore Wind Farms Leaves Sietas Shipyard It is a first in the German shipbuilding industry: The “Aeolus”, the first jack-up vessel for offshore wind farms designed and built in Germany, which was constructed at Sietas Shipyard for the prestigious Dutch marine engineering company Van Oord, has left the […]

  • 21 February 2014
    Business & Finance

    Sinopacific Offshore & Engineering, the offshore arm of the Evergreen Holding Group, held a contract signing ceremony for the Moho Nord modules with Hyundai Heavy Industries Co. at its offshore fabrication base in Qidong, on the 20th of February 2014. This contract represents a major milestone for Sinopacific Offshore & Engineering, as it reinforces its […]

  • 21 February 2014

    Sinopacific Offshore & Engineering, the offshore arm of the Evergreen Holding Group, held a contract signing ceremony for the Moho Nord modules with Hyundai Heavy Industries Co. at its offshore fabrication base in Qidong, on the 20th of February 2014. This contract represents a major milestone for Sinopacific Offshore & Engineering, as it reinforces its […]

  • 21 February 2014
    Business & Finance

    The ITF (International Transport Workers’ Federation) and JNG (Joint Negotiating Group) met in Tokyo February 19-20 to continue discussions aimed at a new IBF Framework TCC (Total Crew Cost) Agreement following the first round of discussions held in St. Petersburg in October 2013 on the occasion of the 10th Anniversary of the International Bargaining Forum […]