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Monday, May 19, 2025
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Tag: Evergreen Marine Corporation

Evergreen posts strong Q1 results with double-digit growth across key metrics

In the first quarter of 2025, Evergreen Marine Corporation reported a 23% year-on-year increase in revenue, reaching TWD 110 billion (US$3.3 billion). ...

Shipping Stocks Weekly: Latest Market Moves

Shipping Stocks Weekly provides a timely overview of how major container shipping companies are performing in the equity markets. The container shipping industry continues to...

Security expert: Evergreen ship drug bust shows need for greater onboard vigilance

The indictment of an Evergreen Marine Corporation seafarer for drug trafficking shows the extent to which drug smugglers can infiltrate shipping companies, and ship...

Major box lines move to acquire ownership of chartered vessels

Evergreen Marine Corporation, Ocean Network Express (ONE) and HMM have all purchased several ships that they had on long-term charter from leasing companies, as...

Lines moving towards alternative fuels: Key strategies and industry front-runners

Alphaliner’s report states there is no clear winner when it comes to decarbonisation efforts among container carriers.   Some mainline operators, such as CMA CGM, were...

Lawyer: Evergreen Marine Corporation could incur losses if cross-affiliate deals are invalidated

Evergreen Group scion Chang Kuo-wei's lawyer said that his client is suing the executors of his father's will, which named him the successor to...

Evergreen splashes out on more containers as equipment shortage bites

Evergreen Marine Corporation (EMC) is turning to its in-house container manufacturer for more containers as major container makers have their slots full. The Taiwanese mainline...

Evergreen goes bright and colourful to retain seafarers

Evergreen Marine Corporation has designed the living quarters of its largest ships to look like cruise ships in order to give its seafarers the...

Evergreen and Copenhagen Infrastructure Partners to jointly explore green fuels

Evergreen Marine Corporation and Copenhagen Infrastructure Partners (CIP) have signed a Memorandum of Understanding (MOU) to jointly explore production and usage of carbon-neutral e-fuels. CIP...

Evergreen makes US$76 million investment in Oakland terminal

Evergreen Marine Corporation’s terminal operating subsidiary Everport Services has invested US$76 million in the port of Oakland. No further information was released, with Evergreen citing...
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Hiab to invest over US$20 million in expanding and modernising Raisio Multilift facility

Hiab is committing €19 million (US$21.3 million) to expand and modernise its Multilift demountables production site in Raisio, Finland. The investment aims to upgrade both...

Iran’s shipping industry poised for revival as nuclear deal talks resurface

The potential revival of a nuclear agreement between Iran and the United States is raising hopes for a long-awaited resurgence in Iran’s shipping industry. ...

Deals with DP World and CMA CGM mark Syria’s return to global trade map

The Syrian government has entered into a landmark US$800 million memorandum of understanding with Dubai-based port operator DP World to transform the Port of...

Shippers wary of market manipulation via capacity management

A flood of new tonnage in the early part of this year suggests container rates will inevitably head into decline, but a series of...
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