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Ejected Evergreen scion speaks out as minor shareholders mull punitive action

Chang Kuo-wei, youngest son of the Evergreen group’s late founder Chang Yung-fa, has criticized his estranged oldest brother for unilaterally executing transactions to consolidate...

ClassNK certifies world’s first onboard CCS installation on Evergreen’s Neopanamax container ship

ClassNK has granted its Shipboard Carbon dioxide Capture and Storage-Full (SCCS-Full) class notation to the Panama-flagged boxship Ever Top, a Neopanamax container vessel owned...

Major lines’ margins in negative territory for first time after five years

Mainline operators’ operating profit margins fell into negative territory for the first time since 2018, due to losses in 4Q 2023, according to Alphaliner’s...

Evergreen ship held up in Qingdao after collision

One of Evergreen Marine Corporation’s ships has been held in China’s Qingdao port for investigations after colliding with another vessel. The 2014-built 8,508 TEU Ever...

OCEAN Alliance rolls out new service network

OCEAN Alliance, consisting of CMA CGM, COSCO, Evergreen and OOCL, has announced the launch of its updated service network, called "DAY 8 Product". After extending...

CMA CGM, COSCO, Evergreen and OOCL extend OCEAN Alliance to 2032

On 27 February, the Chief Executive Officers of the CMA CGM Group, COSCO SHIPPING, Evergreen, and OOCL gathered in Shanghai to sign a Memorandum...

Lack of newbuildings costs OCEAN Alliance’s Asia-Europe frequency

Since the members of OCEAN Alliance (CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation) did not have many newbuildings join their fleets, nor reassign...

Transpacific container trade bounces back in the beginning of 2024

Transpacific eastbound box volumes have rebounded by 16.9% in January 2024 and full-year volumes are expected to record positive growth again after falling by...

Seoul court rules that freight-fixing fine was wrongful to Evergreen

In a victory for container lines, the Seoul High Court on 1 February overturned a fine imposed by the Korea Fair Trade Commission (KFTC)...

Evergreen and X-Press Feeders sign deal for green shipping routes in Europe

Taiwanese container line Evergreen Marine Corporation has signed a Memorandum of Agreement (MoA) with X-Press Feeders, the world’s largest independent common carrier, to place...
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SUUS opens new warehouse in Poland dedicated to Hisense products

Rohlig SUUS Logistics, the largest logistics operator in Poland, has opened a warehouse dedicated to serving the products of Hisense, a global manufacturer of...

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DP World starts first container port carbon inset programme

DP World is testing an innovative carbon reduction programme at its UK logistics hubs, London Gateway and Southampton, aiming to support cargo importers in...

OOCL, Yang Ming launch new China-Thailand service

Orient Overseas Container Line (OOCL) and Yang Ming have announced a new container service connecting China with Thailand. The new service will commence on 10...