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Weekly Analysis of Container Shipping Stocks

Giannis Nikolakis - December 6, 2024 0

The first week of December brought mixed fortunes for container shipping stocks, reflecting broader market uncertainties amid fluctuating freight rates, muted global trade recovery,...

CMA CGM, Maersk and COSCO vie for Transpacific dominance

Container News Team - December 4, 2024 0

CMA CGM, Maersk, and COSCO Shipping Lines are competing for the market lead in the Transpacific trade, according to Alphaliner. CMA CGM has regained the...

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Container lines refresh East-West service network

Antonis Karamalegkos - November 22, 2024 0

Leading ocean carriers have announced several changes in their East-West trade services, signifying a dynamic shift in trade dynamics. Firstly, Gemini Cooperation, a collaboration between...

Evergreen enhances container fleet with massive US$187 million order

Antonis Karamalegkos - November 22, 2024 0

Taiwanese major ocean carrier Evergreen has ordered 60,500 new containers for a total of US$186.8 million. The overall cost means that each container will cost...

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Taiwanese box lines to work with TIPC to develop methanol storage in Kaohsiung

Container News Team - November 19, 2024 0

Taiwanese liner operators Evergreen Marine Corporation (EMC), Wan Hai Lines and TS Lines signed an agreement with Taiwan International Ports Corporation (TIPC) on 15...

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Evergreen seeks additional 24,000 TEU workhorses

Container News Team - November 13, 2024 0

Taiwan’s Evergreen Marine Corporation (EMC) is apparently not done with building Megamax container ships. The world’s seventh largest liner operator has a dozen 24,000 TEU...

Evergreen executive expects higher contract rates in 2025

Container News Team - November 6, 2024 0

General Manager of Evergreen Marine Corporation, Wu Kuang Hui expected contract rates for Transpacific and Asia-Europe container shipments to be hiked in the next...

Port News

Evergreen/Wan Hai joint service calls Mindanao Container Terminal for first time

Container News Team - October 16, 2024 0

The 2020-built, 2,000 TEU container ship Ever Core was the first vessel deployed on a new joint service by Taiwan's ocean carriers Evergreen and...

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Newbuild Vessels: Fleet Expansion or Renewal for Leading Container Lines?

Container News Team - October 11, 2024 0

While the boxship newbuilding orderbook is now close to 25% of the active fleet, several liner operators still have a good number of elderly...

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

Container News Team - September 23, 2024 0

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...

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Tag: EVERGREEN

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