The larger container ships global carriers are starting to deploy in intra-Asia trades are putting pressure on specialist feeder lines already dealing with bad weather, port congestion, and shifting trade patterns.
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Evergreen Line
Evergreen Line
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 Evergreen Marine Corp. (Taiwan) Ltd., Italia Marittima S.p.A., Evergreen Marine (UK) Ltd. and Evergreen Marine (Hong Kong) Ltd. and was established May 1,2007 in response to the request and expectations of global customers.
A fifth ocean carrier, Evergreen Marine (Singapore), has also signed the joint service agreement, effective May 1, 2009. Evergreen Line operates the fourth largest container fleet in the world, with over 190 ships by capacity of approximately 850,000 TEU.
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Sep 24, 2019 2:00PM EDT
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Press Releases
14 Aug 2019
Evergreen Marine has plunged deeper into the mega-ship operating space, ordering another 11 ships in addition to the 11 that are already being built and delivered.
04 Jul 2019
Carriers and shippers alike must adapt to the new realities of a container shipping market in which only a handful of large players control the vast majority of capacity.
22 May 2019
The Ocean Alliance will skip two Asia-US West Coast sailings in June in an effort to maintain rates as the US-China trade war takes a toll on volume.
14 May 2019
Adding five new members may give the Digital Container Shipping Association the quorum needed to press forward with the development of standard data protocols.
30 Nov 2018
The cuts come even amid reports of Brazilian coffee and cotton exporters scrambling for outbound capacity out of the ports of Santos and Vitoria.
06 Nov 2018
A report on the status of instant quotes in container shipping.
06 Nov 2018
The new consortium, powered by Oracle Cloud Blockchain Service, involves CMA CGM, Cosco Shipping (and subsidiary brand OOCL), Evergreen Marine, and Yang Ming, and the lines represent about one-third of total global container ship capacity.
05 Sep 2018
The move represents modest good news for US importers scrambling for slots, amid a peak season surge in volume.
27 Jul 2018
Although trade tensions between the United States and the European Union and their impact have been muted so far in 2018, trade stakeholders know that could change dramatically and quickly.
25 May 2018
However, freight forwarders and shippers said they did not expect the disappearance of two carrier’s trans-Atlantic services to have much impact on capacity on the United States-Northern Europe route.
12 Jan 2018
The orders come after Cosco and Yang Ming delayed delivery of roughly 200,000 TEU of capacity to 2019 amid signs overcapacity remains in the market.
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