Taiwanese mainline operator Evergreen Marine Corporation will spend more than US$222 million on more equipment.
In a filing to the Taiwan Stock Exchange on 27 November, Evergreen said it will buy 60,000 dry containers, 7,000 reefer containers, 7,000 reefer generators, and 800 special containers.
The company said it needs to replace older boxes and meet growing demand to ship refrigerated and frozen goods.
The dry containers, to be purchased by Evergreen’s Singapore-incorporated subsidiary...