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.

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.
20 Aug 2014
Overall capacity operated by the Top 21 container carriers increased 5.6 percent or 847,000 TEUs in the last 12 months, according to industry analyst Alphaliner’s latest newsletter, furthering chronic overcapacity in the container shipping market.
Hanjin Milano in Boston
11 Aug 2014
Sunny weather and the beginning of the busy shipping season aren’t the only reasons the Port of Boston is excited about the month of August.
Ocean carrier rate revision roundup for August 1
01 Aug 2014
Several container lines announced this week general rate increases for the month of September.
17 Jul 2014
Evergreen Line has introduced a container service between the India subcontinent and the Middle East by acquiring slots on a weekly service operated by Simatech Shipping, the Dubai-based intra-Asia feeder line.
02 Jul 2014
WASHINGTON — U.S. Federal Maritime Commissioners yesterday unanimously voted to allow CKYH partners and Evergreen Line to discuss cooperating in the trans-Pacific and trans-Atlantic trades.
24 Jun 2014
The worst is over for the Asia-Europe container trade as slow-steaming and scrapping of old vessels begin to address excess capacity, according to a recent report from HSBC’s transport analysts.
06 Jun 2014
Despite recent improvements, global container lines’ schedule reliability and on-time container delivery have been worse every month so far this year versus last year.
04 Jun 2014
The CKYH partners and Evergreen Line are making moves to allow them to seek a vessel-sharing alliance in the trans-Pacific and trans-Atlantic trade lanes.
Ocean Carrier Rate Revision Roundup for May 16
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Wan Hai ship
16 May 2014
Intra-Asia specialist Wan Hai Lines posted a modest $21.8 million profit in the first quarter as the carrier leveraged its network to remain the leading light among Taiwan’s top three shipping companies.
08 May 2014
MOL Liner, Evergreen Line and Cosco Container Lines plan to launch a direct weekly service from Asia to West Africa in June.