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Tag Archives: EVERGREEN

Evergreen increases rates in Manila

Evergreen will implement a Rate Restoration for importing to Manila North/South Philippines. Due to the current port situation, that causes higher carriers’ operational cost, the shipping company will increase its rates, effective from March 1 2019, as folllows: In addition to this, new CIC/D Quantum will be implemented from Asia …

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Collapsed crane removed from Port of Vancouver

Eight days after it came crashing down on a container ship, a crane that collapsed at the Port of Vancouver has been removed. The ship-to-shore crane tipped over after the vessel, named the Ever Summit, ran into it while trying to berth at Vanterm in the middle of the night on Jan. 28. No one …

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Crane falls onto Evergreen vessel at the Port of Vancouver

The main container terminal at the Port of Vancouver remains closed after a crane came down on a vessel Monday (Jan. 28) morning. A spokesperson for GCT Global Container Terminals Inc. confirmed to Global News that during berthing Monday morning, at around 4 a.m., a vessel came into contact with a GCT …

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Evergreen reports US$25m profit in 3rd quarter

Taiwan’s Evergreen Marine Corp posted a profit of TWD 771.2 million (US $25 million) in the third quarter of 2018 compared with TWD 4 billion in the third quarter of 2017. The Taiwanese carrier had revenue of TWD 44.9 billion in the third quarter compared with TWD 41.5 billion in …

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Costamare acquires 5 containerships of York Capital

Costamare Inc. (the “Company”) announced on November 19 the acquisition of the 60% equity interest of York Capital in five 2016 – built 14,000 TEU containerships. The acquisition brings the Company’s ownership interest in these five vessels to 100%. The five vessels were initially contracted as new buildings under the joint …

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Evergreen to receive mega vessels

Ship Finance International Limited (NYSE: SFL) (“Ship Finance” or the “Company”) announces that it has entered into lease financing agreements (each, a “Lease Financing”) totaling $400 million with an Asian-based institution to finance four 14,000 TEU container vessels acquired in May 2018. The vessels are employed under long term time …

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Mega carriers and terminal operators initiate blockchain consortium

Nine leading ocean carriers and terminal operators on November 6 signed a formal statement of intent for a Memorandum of Understanding (MOU) to form a consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology. The participants include ocean carriers CMA CGM, COSCO SHIPPING …

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Port of Tacoma ready to handle mega vessels

Evergreen’s Thalassa Axia, 1,200 feet long and with a 13,800 TEU capacity, arrived Thursday (Nov. 01) and is believed to be the largest ship to call at the port of Tacoma, according to port communications representatives. It’s an example of the larger ships the port expects to see as they become more …

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Evergreen Group celebrates 50th anniversary

“Full Steam Ahead” into the future Evergreen Group celebrated its 50th Anniversary at the Chang Yung-Fa Foundation, home of the charity set-up by Evergreen Group Founder and Chairman Dr. Y.F. Chang. In addition to senior executives and employees of the Group’s businesses, the event was also attended by public officials, …

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Evergreen, GRI from Philippines to USA, Canada & Puerto Rico

Please be informed that Evergreen will apply the following General Rate Increase (GRI). Effective date: 1st August 2018 Origin: Philippines Destination: USA, Canada & Puerto Rico Per 20′ SD Container                                 USD 900 Per 40′ SD …

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