Evergreen’s balancing act: When commercial logic meets geopolitical reality

Evergreen has placed an order for five 24,000 TEU containerships at Guangzhou Shipyard International. The vessels will be LNG-fuelled.
Evergreen vessel at the Port of Savannah

Taiwan’s Evergreen Marine Corporation has split its latest US$2.8 billion fleet expansion equally between Chinese and South Korean shipyards, a decision that reveals the impossible calculus facing Taiwanese companies caught between Beijing’s economic gravity and Washington’s strategic orbit.

This content is locked

Select a CN Premium Subscription Package To Unlock The Content!