Five of the largest ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South America.
In particular, CMA CGM, COSCO, OOCL, Evergreen and PIL will jointly launch the new service on the Asia-Latin America trade in May.
The service will have two separate loops. The first loop will be operated by 12 container ships of up to 14,000 TEU capacity and will commence on 5 May from the port of Tianjin.
The rotation of the first loop will...
An Evergreen container truck carrying a 40-foot container flipped on its side while driving along Taiwan’s National Freeway 2 this morning (16 April), blocking traffic on the road.
The National Highway Police Bureau said at around 6.52 am local time, the truck rolled over at the Zhentou Interchange, which is 0.1 kilometres east of the freeway, blocking access in the direction of the interchange. National Freeway 2 connects Taoyuan with New Taipei City
As the accident happened during the morning...
https://container-news.com/taiwans-freeway-blocked-after-evergreen-truck-turns-on-side/
Due to the escalating security concerns in Port-au-Prince in Haiti and the heightened levels of street violence, Evergreen has decided to suspend all calls at the port until conditions improve.
Consequently, the Taiwanese ocean carrier will also stop receiving new bookings to or from Haiti until further notice.
“Under the current situation in Haiti, we suggest our clients consider the potential impact on the cargo and the additional costs involved. For cargo in transit, if Change of Destination...
https://container-news.com/evergreen-suspends-haiti-calls-amid-security-concerns/
Chang Kuo-wei, youngest son of the Evergreen group’s late founder Chang Yung-fa, has criticized his estranged oldest brother for unilaterally executing transactions to consolidate the group’s container shipping assets.
The younger Chang was discussing the actions of Chang Kuo-hua with Taiwanese journalists shortly after Evergreen Marine Corporation’s (EMC) minor shareholders filed a lawsuit against 10 of the company’s directors, including Chang Kuo-hua, on 26 March.
The minor shareholders have...
ClassNK has granted its Shipboard Carbon dioxide Capture and Storage-Full (SCCS-Full) class notation to the Panama-flagged boxship Ever Top, a Neopanamax container vessel owned by Taiwan’s ocean carrier Evergreen.
The notation signifies that the vessel is now equipped with an onboard CO2 capture and storage (CCS) systems, marking it as the world’s first Neopanamax container vessel to be retrofitted with such systems.
The CCS systems, developed by the Shanghai Marine Diesel Engine Research...
CCS retrofitting continues to pick up pace. ClassNK has granted its “SCCS-Full” 1 class notation to the Evergreen neopanamax Ever Top. The notation signifies that the vessel is now equipped with an onboard CO2 capture and storage (CCS) systems, making it the first containership in its category to be CCS retrofitted with such systems.
The CCS systems retrofitted on the Ever Top were designed and developed by Shanghai Marine Diesel Engine Research Institute and were installed at China’s Huarun...
https://www.marinelog.com/news/evergreens-ever-top-is-first-neopanamax-to-get-ccs-retrofit/
Mainline operators’ operating profit margins fell into negative territory for the first time since 2018, due to losses in 4Q 2023, according to Alphaliner’s report.
On average, these operators’ operating margins stood at -3% in the last three months of 2023, as the Covid-19-fuelled boom ended its run. Six out of the nine largest box lines reported operating losses for the last quarter of 2023.
Only Evergreen Marine Corporation and HMM have reported operating profits, albeit sharply reduced from...
One of Evergreen Marine Corporation’s ships has been held in China’s Qingdao port for investigations after colliding with another vessel.
The 2014-built 8,508 TEU Ever Lucid, deployed to the Taiwanese line’s Transpacific Northwest Service, reportedly collided with an unnamed Chinese cargo ship around 1 am local time on 14 March. The ship set out from Qingdao just before 10 pm local time on 13 March, while the Taipei-flagged Ever Lucid was to have sailed from Shanghai to the port of Ningbo.
Ever...
https://container-news.com/evergreen-ship-held-up-in-qingdao-after-collision/
OCEAN Alliance, consisting of CMA CGM, COSCO, Evergreen and OOCL, has announced the launch of its updated service network, called “DAY 8 Product”.
After extending their partnership for an additional five years, the four ocean carrier allies are unveiling their new programme aimed at tackling the emerging challenges posed by the volatile conditions in the Red Sea.
The DAY 8 Product, which is expected to commence in April, will include:
https://container-news.com/ocean-alliance-rolls-out-new-service-network/
The Ocean Alliance group of container carriers has extended their partnership for another five years. Founded in 2017 under a 10-year deal, the liner grouping comprised of CMA CGM, Cosco Shipping, Evergreen and OOCL has agreed to continue their vessel-sharing agreement until the end of March 2032....