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.

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
28 Jan 2015
Evergreen Marine Corp. on Wednesday finalized plans to charter an 11-strong fleet of 18,000 TEU ships, becoming the latest carrier to deploy ultra-large container vessels but raising questions about how appropriate such ships designed for an era of slow steaming are after the recent plunge in oil prices.
26 Jan 2015
The new carrier mega-alliances are set to shake up market share on the key Asia-North Europe liner trade while shippers will benefit from a greater choice of services, and probably lower freight rates, according to Drewry Shipping Consultants.
19 Jan 2015
Low bunker fuel prices are helping container shipping line balance sheets, but another impact will be improved schedule reliability as carriers can afford to speed up vessels to make up time lost to rising congestion at many ports around the world.
17 Dec 2014
Another set of historic rate increases are on tap for the trans-Pacific, as the 15 members of the Transpacific Stabilization Agreement announced hikes totaling $1,000 per FEU.
04 Dec 2014
The CKYHE Alliance this week received U.S. regulatory approval to further integrate its newest member, Evergreen Line, into its vessel-sharing agreement covering the trans-Pacific and trans-Atlantic trade lanes.