Evergreen Line

Evergreen Line

Evergreen Line operates the fourth-largest container fleet in the world, with more than 180 ships with total capacity of approximately 650,000 TEUs (20-foot-equivalent units).

Evergreen Line is the unified common trade name for the four shipping companies of the Evergreen Group. The brand ‘Evergreen Line’ is used for international marketing purposes for the company, which is based in Taipei, Taiwan.

Evergreen Line was the third-ranked container carrier in U.S, containerized import trade in 2013, with volume of 1,319,994 TEUs, up 9.1 percent year-over-year, giving it market share of 7.3 percent. Furthermore, it was No. 4 in U.S. containerized export trade in 2013, with volume of 788,083 TEUs, up 0.9 percent year-over-year, and with market share of 6.2 percent. For more carrier rankings, see the JOC’s Top 40 Container Carriers special topic.

COSCO, ‘K’ Line, Yang Ming, Hanjin, and Evergreen Line have agreed in principle to an expanded CKYHE Alliance.

26 Nov 2015
The sharp decline in net income of Taiwan’s top three carriers through the course of the last three quarters gives a clear picture of the container shipping industry’s rapidly deteriorating operating environment.
18 Aug 2015
Several Asia-Europe container lines have announced Sept. 1 general rate increases of up to $1,000 per 20-foot-equivalent unit despite a persistently weak market that has undercut monthly GRIs all year.
15 Jul 2015
The three largest Taiwanese carriers, Wan Hai, Yang Ming and Evergreen Line saw their January to June revenues increase year-over-year, largely due to growing intra-Asia trade.
07 Jul 2015
Evergreen Line has confirmed an order for 10 ships each with capacities of 2,800 twenty-foot equivalent units, a move aimed at capturing a larger share of the profitable and growing intra-Asia trade market.
19 Jun 2015
Evergreen Line will order 20 new vessels, each with capacity for 3,000 20-foot-equivalent units, Vice Group Chairman Bronson Hsieh said at a shareholders’ meeting Wednesday.
02 Jun 2015
Taiwanese carrier Evergreen Line and Turkey's Arkas Line are launching a new collaborative West-East Mediterranean Service.
25 May 2015
Krishnapatnam Port Container Terminal, an emerging alternative gateway on India’s southeastern coast, last week celebrated the first vessel call of the Chennai-Colombo-Gulf (CCG) service, a weekly intra-regional loop operated jointly by Simatech Shipping and Evergreen Line
Yang Ming container ship in Oakland port
18 May 2015
Taiwan’s three top lines became the latest carriers to join the black numbers club, all recording net profit for the first quarter on the back of rising revenue and falling operating costs.
14 May 2015
Evergreen Line this month will launch a new intra-Asia service in partnership with Cosco and China Shipping, enhancing the Taiwan carrier’s intra-Asia operations.
09 Apr 2015
Evergreen Line and Simatech Shipping have reached a vessel-sharing agreement to jointly operate a new container service connecting the Indian subcontinent and the Middle East, starting in early May.
02 Apr 2015
Evergreen Line plans to upgrade its intra-Asia service network by joining the India-Far East Express Service operated by a consortium of Wan Hai Lines, Pacific International Lines, “K” Line, Shipping Corporation of India and Simatech Shipping.
09 Feb 2015
There are now more than 1 million TEUs of capacity on ultra-large ships on the waters or on order after Evergreen Marine announced late last month it had finalized plans to charter 11 new vessels with capacity for 18,000 TEUs each