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

Container News Team - 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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Major restructuring for intra-Asia service, as Evergreen upgrades its role

Alexandros Itimoudis - 0
The joint service FAX/IEA/EAX/REA/FAS - operated by Emirates Shipping Line, Global Feeder Shipping, Interasia Lines, KMTC, Regional Container Lines, and T.S. Lines - is...
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Rates & Surcharges

Atlantic capacity cuts and volumes push up rates

Container News Team - 0
Uncertainty is affecting the Atlantic trade as the election rhetoric ramps up, and we approach the deadline for employers and US East Coast dockers...
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Most Visited - Newsletter

Liner operators’ margins hit post-Covid peak

Container News Team - 0
Alphaliner’s report today (4 September) stated that margins for the nine largest liner operators topped 20% in Q2 2024, the highest since the Covid-19...
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Port News

Evergreen vessel marks draft-record in Zeebrugge

Container News Team - 0
Evergreen's container vessel Ever Greet successfully docked in the West Flanders port in Zeebrugge, Belgium on 17 July. Below the water level, the boxship of...
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Evergreen chairman: ILA dispute will further disrupt market

Container News Team - 0
Evergreen Marine Corporation (EMC) chairman Chang Yen-yi has cautioned that if US East Coast port workers cannot resolve their differences with the US Maritime...
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Most Visited - Newsletter

Evergreen and COSCO to transfer giant ships from North Europe to Mediterranean services

Container News Team - 0
Evergreen Marine Corporation and COSCO Shipping Lines will replace 13,000 TEU vessels with 20,000 TEU ships on their jointly operated Far East-Mediterranean service. The 20,000...
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Evergreen heirs’ battle takes new twist with insider trading accusation

Container News Team - 0
The tussle between the eldest and youngest sons of the Evergreen group’s late founder, Chang Yung-fa, intensified on 22 April, after the eldest son,...
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Major container lines jointly launch Asia – East Coast South America service

Antonis Karamalegkos - 0
Five of the largest ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South...
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News

Truck carrying Evergreen container flips on side, blocks freeway

Container News Team - 0
A truck carrying a 40-foot Evergreen container flipped on its side while driving along Taiwan’s National Freeway 2 this morning (16 April), blocking traffic...
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Port of Long Beach appoints new managing director of engineering services

Port News Alexandros Itimoudis - 0
The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...
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DP World and J.P. Morgan launch partnership

News Alexandros Itimoudis - 0
DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...
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Red Sea shipping traffic rebounds as Houthis limit targets

News Alexandros Itimoudis - 0
Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...
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CMA CGM applies new surcharge from Far East to West Africa

Rates & Surcharges Container News Team - 0
French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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