Search results for: Evergreen

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  • 17 June 2016
    Business & Finance

    Taiwan-listed shipping company Evergreen Marine Corp. has received an approval to extend its lease of the Panamanian Colon Container Terminal (CCT) for a period of 20 years, according to local media. Panama’s Cabinet approved the lease extension on Wednesday, prior to the scheduled visit of the Taiwanese President Tsai Ing-wen to the country for the opening […]

  • 20 May 2016
    Business & Finance

    Taiwanese container line Evergreen has resumed direct calls at Marseille Fos port in France for the first time in eleven years with the aim to double its traffic.  With its return, Evergreen is replacing a slot arrangement within the CKYHE alliance by adding its own ships to those of Cosco, K Line, Yang Ming and […]

  • 12 May 2016
    Business & Finance

    The Evergreen Lake Dredge Project started this week and is scheduled to be completed by mid-September, according to the Evergreen Metropolitan District. Initially, crews will be dredging from shore using a long reach excavator and after a few weeks of operations, a 30-by-80-foot barge will be set into the channel above Evergreen Lake. The barge will be […]

  • 7 April 2016
    Business & Finance

    Taiwan’s shipping company Evergreen Line has chosen South Korea’s Busan New Container Terminal (BNTC) as its new home at Busan’s port. As part of the company’s two 5,600 TEU vessel deployment on the BEX2 service, the boxship Ever Utile made its first call at the terminal on April 5. Evergreen’s BEX2 service joins the existing PHEX Ocean 3 […]

  • 27 November 2015
    Business & Finance

    The third quarter results of Taiwan’s big three container shipping lines were all impacted by the downturn in the industry, with only Wan Hai staying in the black. The biggest one of the three, Evergreen, posted a TWD 2.56bn (USD 78.35m) loss against a profit of TWD 2.47bn reported for the same period of the preceding year. The company’s revenue was […]

  • 25 November 2015
    Business & Finance

    Taiwanese shipping company Evergreen is ordering ten 2,800 TEU container ships from Japanese shipbuilder Imabari Shipbuilding Co.,Ltd and compatriot CSBC Corporation. Under the deal, announced by Evergreen in a stock exchange filing, the company will order five container vessels at Imabari, assigning up to USD 195 million for the quintet. The other five 2,800 TEU will be ordered at CSBC […]

  • 11 September 2015
    Business & Finance

    Taiwan’s Evergreen Group, the parent company of Evergreen Line, signed an order with Japanese shipbuilder Imabari Shipbuilding for ten 2,800 TEU class B-type vessels on September 10. These are in addition to the order for ten similar vessels announced last month from CSBC in Taiwan. The first ship is planned to be delivered during the first half […]

  • 11 September 2015
    Business & Finance

    Taiwan’s Evergreen Group, the parent company of Evergreen Line, signed an order with Japanese shipbuilder Imabari Shipbuilding for ten 2,800 TEU class B-type vessels on September 10. These are in addition to the order for ten similar vessels announced last month from CSBC in Taiwan. The first ship is planned to be delivered during the first half […]

  • 1 September 2015
    Business & Finance

    Evergreen Holding Group (Evergreen) has entered into an agreement with investment holding company CIMC Enric Holding LTD. on the sale of Evergreen’s shares in Sinopacific Offshore and Engineering Co. Ltd (SOE).  Under the deal, Sinopacific Shipbuilding Group (SINOPACIFIC), a subsidiary company of Evergreen, will transfer its shareholding of 29.95% in SOE to CIMC Enric. After the completion […]

  • 1 September 2015
    Business & Finance

    Evergreen Holding Group (Evergreen) has entered into an agreement with investment holding company CIMC Enric Holding LTD. on the sale of Evergreen’s shares in Sinopacific Offshore and Engineering Co. Ltd (SOE).  Under the deal, Sinopacific Shipbuilding Group (SINOPACIFIC), a subsidiary company of Evergreen, will transfer its shareholding of 29.95% in SOE to CIMC Enric. After the completion […]

  • 10 August 2015
    Business & Finance

    As previously announced by World Maritime News, Taiwan’s Evergreen Group, the parent company of Evergreen Line, has signed an agreement with compatriot CSBC Corporation to build ten 2,800 TEU, class B-type feeder ships. Evergreen did not reveal the value of the contract, but it is speculated that the price tag for these ten feeders could be around […]

  • 10 August 2015
    Business & Finance

    As previously announced by World Maritime News, Taiwan’s Evergreen Group, the parent company of Evergreen Line, has signed an agreement with compatriot CSBC Corporation to build ten 2,800 TEU, class B-type feeder ships. Evergreen did not reveal the value of the contract, but it is speculated that the price tag for these ten feeders could be around […]

  • 6 July 2015
    Business & Finance

    Taiwan-listed shipping company Evergreen Marine Corp. said that it intends to sign shipbuilding contracts for up to ten reefers. Under two separate deals, five 2,800 TEU container vessels would be built by Japanese builder Imabari Shipbuilding Co., Ltd. at a price ranging between USD 36-USD 39 million per vessel. The remaining five 2,800 TEU containerships would be built by CSBC […]

  • 6 July 2015
    Business & Finance

    Taiwan-listed shipping company Evergreen Marine Corp. said that it intends to sign shipbuilding contracts for up to ten reefers. Under two separate deals, five 2,800 TEU container vessels would be built by Japanese builder Imabari Shipbuilding Co., Ltd. at a price ranging between USD 36-USD 39 million per vessel. The remaining five 2,800 TEU containerships would be built by CSBC […]

  • 30 June 2015
    Business & Finance

    Taiwanese shipping conglomerate Evergreen Group has held a naming ceremony for Ever Lovely, the ninth of its L-type container ships to be built by CSBC Corporation in Taiwan, and the penultimate vessel in the thirty strong series. The naming ceremony for the new 8,508 TEU boxship took place at CSBC’s Kaohsiung shipyard. Ever Lovely is owned by Evergreen Marine (Singapore) […]

  • 30 June 2015
    Business & Finance

    Taiwanese shipping conglomerate Evergreen Group has held a naming ceremony for Ever Lovely, the ninth of its L-type container ships to be built by CSBC Corporation in Taiwan, and the penultimate vessel in the thirty strong series. The naming ceremony for the new 8,508 TEU boxship took place at CSBC’s Kaohsiung shipyard. Ever Lovely is owned by Evergreen Marine (Singapore) […]

  • 27 May 2015
    Business & Finance

    Taiwanese container carrier Evergreen Line has teamed up with Turkey’s Arkas Line on a new West – East Med Service (WEM) which will connect the Aegean Sea, the Near East and the Western Mediterranean. With a port rotation of Valencia, Castellon, Barcelona, Fos, Cagliari, Piraeus, Beirut, Mersin, Iskenderun, Latakia, Alexandria (Dekheila), Izmir, Piraeus and Valencia within a […]

  • 15 May 2015
    Business & Finance

    Taiwanese container carrier Evergreen Marine has steamed its way back to profit in the first quarter of 2015. The company recovered from a loss worth TWD 1.69 million from 2014 to a profit of TWD 1.53 million (USD 50,200). The rebounded results were mainly attributed to reduced operating costs. Taipei-listed liner said that its revenue has a slight […]

  • 15 May 2015
    Business & Finance

    Taiwanese carrier Evergreen Line is teaming up with Chinese counterparts COSCO and China Shipping in launching a joint China-Surabaya Express (CSM) Service. The decision stems from an increasing market demand resulting from significant trade growth between China and the ASEAN countries, Evergreen Line said. The company has been very busy with initiatives aimed at boosting […]

  • 8 May 2015
    Business & Finance

    Taiwanese carrier Evergreen Line plans to launch a new Vietnam-Singapore-Malaysia service (VSM) this month triggered by increasing capacity demand. The dedicated feeder loop will employ two A-type containerships of 1,164 TEU. The first sailing of the weekly service is scheduled to start from Haiphong on May 10 and call at Ho Chi Minh City, Port Klang, Singapore, Tanjung Pelepas […]

  • 9 April 2015
    Business & Finance

    A Taiwanese container carrier Evergreen Line is partnering with the Dubai-based feeder operator Simatech on a joint Chennai-Colombo-Gulf Service (CCG) service next month to improvine its service on the India – Gulf trade. The CCG service will utilize four container ships of around 2,000 TEU each; one to be operated by Evergreen Line and the remaining three […]

  • 4 March 2015
    Business & Finance

    Evergreen Line has set sights on tapping into the growth potential of Intra-Asia container shipping trades. Namely, Taiwan’s liner company said it would launch a new Taiwan-Shekou-Malacca Strait (TSS) service on 19 March, and at the same time introduce a dedicated Taiwan-Hong Kong Service (THK) on 25 March. By launching the new services, Evergreen aims to boost […]

  • 28 January 2015
    Business & Finance

    Taiwan’s Evergreen Group, the owner of the world’s fifth largest container shipping company Evergreen Line, has signed charter agreements for eleven 18,000 TEU container ships with Japan’s Shoei Kisen Kaisha, Thai news site Investor reports. The order includes six 18,000 TEU ships which Evergreen Marine Corp., another subsidiary of Evergreen Group, ordered from Shoei Kisen Kaisha back in […]

  • 28 December 2014
    Business & Finance

    Evergreen Group, a Taiwan-based conglomerate of shipping, transportation, and associated service companies, held the naming ceremony for Ever Lunar, the seventh of its L-type vessels to be built by CSBC Corporation in Taiwan. 8,508 TEU Ever Lunar is owned by Evergreen Marine Corporation (Taiwan) Ltd. The ship is 334.8 meters in length, 45.8 meters wide […]

  • 9 December 2014
    Business & Finance

    Ocean carrier Evergreen Line said it will team up with CMA CGM’s intra-Asia carrier Cheng Lie Navigation (CNC) to launch the new China-Philippines Service (CPH). Two ships of around 1,000 TEU will be deployed on the new weekly service, one each operated by the joint service partners. Evergreen Line informed that the first sailing on […]