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Sunday, September 20, 2020
Tags Evergreen Marine Corp

Tag: Evergreen Marine Corp

FMC to investigate carriers’ runaway rates success

Following up on last week’s efforts by the Chinese Ministry of Transport to curb runaway spot rates, United States authorities have threatened to take...

Updated: American truckers hit lines with intermodal lawsuit

The American Trucking Associations’ (ATA) Intermodal Motor Carrier Conference (IMCC) has filed a lawsuit against “unlawful actions” by foreign shipping lines that they claim...

Evergreen building logistics park in Taiwan

Evergreen Marine Corporation’s logistics park development in Dayuan District in Taoyuan, Taiwan, is progressing well, with the facility set for completion in late 2021. According...

Asian lines record Q2 profits as cost-control pays dividends

Liner operators Evergreen Marine Corporation, Wan Hai Lines and Regional Container Lines (RCL) all reported profits for Q2 as blanked sailings and lower bunker...

OOCL takes slot-charter on Evergreen’s S. America service

Hong Kong based OOCL, a subsidiary of China’s COSCO has chartered slots on Evergreen’s Westcoast South America service and is booking cargo for its...

Evergreen raises capital in maiden overseas bond issue

Taiwanese liner operator Evergreen Marine Corporation will turn to overseas investors to raise US$300 million in capital to cover the company’s operations. The company announced...

Taipei distributes shipping industry loans

Taiwan’s Ministry of Transportation and Communications announced on 2 June that it has disbursed loans of TW$16.5 billion (US$550 million) to the shipping industry...

Express customs clearance warehouse opens at Taipei port

Taipei Port Container Terminal Corporation (TPCT), a joint venture between Evergreen Marine Corporation, Yang Ming Marine Transport and Wan Hai Lines, has launched an...

Wan Hai and Evergreen to swap Kaohsiung terminals

Intra-Asia operator Wan Hai Lines is set to take over the lease and operations of the No. 5 terminal in Taiwan's Kaohsiung port, swapping...
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Woke lines playing the uneven field

Liner shipping companies have had a bumper year with profits in 2020 expected to exceed any year in the histroy of container shipping. All...

Box rates still on the way up after regulatory warnings

Both the Pacific and Asia to Europe rates have shown increases this week even after regulatory authorities in China, the US, Europe and South...

More Port of Felixstowe congestion riles freight forwarders

An increase in container volumes in the rush to beat China’s Golden Week holidays and technical issues with the Port of Felixstowe’s vehicle Booking...

German carrier raises Subcontinent rates and Ukrainian demurrage

Hapag-Lloyd has announced price increases for demurrage on exports from Ukrainian ports, which can be seen here, and a general rate increase (GRI) on...