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Evergreen diversifies into real estate to manage volatility

Container News Team - 0
Evergreen Marine Corporation (EMC) has invested US$153 million to acquire real estate in New Jersey, US. The Taiwanese liner operator’s president, Wu Kuang Hui, said...
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Weekly Analysis of Container Shipping Stocks

Giannis Nikolakis - 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,...
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CMA CGM, Maersk and COSCO vie for Transpacific dominance

Container News Team - 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 - 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...
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Evergreen enhances container fleet with massive US$187 million order

Antonis Karamalegkos - 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 - 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 - 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...
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Evergreen executive expects higher contract rates in 2025

Container News Team - 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...
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Port News

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

Container News Team - 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 - 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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How a Premises Liability Lawyer Proves Fault in Property Injury Cases

Sponsored Giannis Nikolakis - 0
Whether an individual sustains an injury on someone else's property, be it a minor slip and fall in a grocery store or a major...
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We Asked AI: AI robots handling shipping operations

Sticky News Alexandros Itimoudis - 0
Artificial intelligence robots are increasingly being used to control and optimize shipping operations across global ports and logistics hubs. These advanced systems manage tasks such...
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China’s military posturing affects shipping realignments in Indian Ocean

CN Premium Articles Alexandros Itimoudis - 0
As China continues its assertive military drills across key Indo-Pacific maritime routes, ripples of geopolitical tension intersect with dramatic shifts in maritime trade logistics. The...
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MAN Energy Solutions rebrands as Everllence

News Alexandros Itimoudis - 0
MAN Energy Solutions has officially rebranded to Everllence, marking a pivotal step in the company’s strategic evolution. The new global identity underscores its expanding role...
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