Evergreen News

Sudden Influx of Tonnage to Ship Recyclers

On the back of freight markets that are finally facing their first set of 2024 jitters, the industry is gradually witnessing an increasing number of units being proposed for a recycling sale, all of which are being confirmed via the sudden influx of tonnage at the Indian and Bangladeshi waterfronts this week, reports cash buyer GMS.This coms just as the Pakistani market (as expected) starts to fall behind on its domestic arrivals. At this rate, India looks set to sneak past the Pakistani market in the rankings…

China Harbors Ship Tied to North Korea-Russia Arms Transfers

China is providing moorage for a U.S.-sanctioned Russian cargo ship implicated in North Korean arms transfers to Russia, according to satellite images obtained by Reuters, as U.S. concerns grow over Beijing's support for Moscow's war in Ukraine.Britain's Royal United Services Institute (RUSI) think tank said the Russian vessel Angara, which since August 2023 has moved to Russian ports thousands of containers believed to contain North Korean munitions, has been anchored at a Chinese…

MRS '24 - Panel 5: Identifying Risk, Measuring Success in the "Gray Zone"

The Maritime Risk Symposium is an annual three-day conference in which government and maritime industry leaders, port representatives, researchers, and solution providers convene to examine current and emerging threats to maritime security. MRS2024 is scheduled to take place June 11-13 2024 at Naval Postgraduate School (NPS) in Monterey, CA.A look @ Panel 5: Facilitator: Eric “Coop” Cooper, CAPT, USCG (retired)This panel will inform participants and generate discussion to improve understanding of the risk of gray zone activities pose to the economy…

Maritime Risk Symposium 2024 – Great Power Competition and Gray Zone Engagement

For 15 years the Maritime Risk Symposium (MRS), an annual three-day event, has brought together government and maritime industry leaders, port representatives, international and domestic researchers and solution providers to examine current and emerging threats to maritime security. World events highlight that maritime security is increasingly at risk during the current period of great-power competition and ongoing conflicts. The active competition between nations who are not…

Carbon Capture @ Sea: Evergreen Ship Notches World First

ClassNK has granted its SCCS-Full class notation to Evergreen’s Neopanamax container vessel Ever Top.Short for Shipboard Carbon dioxide Capture and Storage-Full, the SCCS-Full notation signifies that the vessel is now equipped with onboard CO2 capture and storage (CCS) systems.This also marks it as the world's first Neopanamax container vessel to be retrofitted with such systems, according to ClassNK.The CCS systems, designed and developed by Shanghai Marine Diesel Engine Research Institute…

CMA CGM, COSCO, Evergreen and OOCL Extend OCEAN Alliance to 2032

French shipping company CMA CGM and its business partners COSCO Shipping 601919.SS, Evergreen 2603.TW and OOCL said on Tuesday that they had agreed to extend their 'OCEAN Alliance' co-operation deal for another five years beyond 2027, to 2032.The 'OCEAN Alliance' partnership aims to help customers deal with their supply chains by offering up fast transit times and access to a wide range of ports, said CMA CGM.The agreement to extend the partnership was signed in Shanghai on Tuesday."The decision to extend our co-operation for at least five more years forges our commitment to meet our customers

Evergreen & X-Press Feeders Ink MOA for Methanol-fueled Feedering

Global container shipping line Evergreen Marine Corporation has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new dual fuel green methanol vessels. X-Press Feeders is planning to run these vessels on green methanol and operate them within Europe.The two companies moreover will work together to launch a feeder network, which will be the first in Europe to be powered by green methanol.Initially…

Houthi Attacks Expose China's Commercial Stakes in Red Sea

China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and placed Beijing's commercial interests along the Suez Canal at risk.The Iran-backed Houthi militia from Yemen that seeks "Death to Israel" is challenging the ability of the world's biggest trading nation to defend billions in strategic investments in Egypt.Since President Abdel-Fattah el-Sisi came to power in 2014, China has stepped up its investment and commercial activities along Egypt's Suez Canal…

Evergreen Line Declares Force Majeure on Israel Shipment

Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its Ever Cozy vessel diverted to Haifa further north due to safety concerns, according to a customer note.This is one of the first force majeures declared since Hamas Islamists launched attacks on Israel on Oct. 7, amid preparations by Israel's military to launch ground operations into Gaza in retaliation.The Ever Cozy was sailing towards Haifa port on Tuesday, according to data from ship tracking and maritime analytics provider MarineTraffic.Israel has vowed to annihilate Hamas Islamists after its fighters stormed through Israeli towns from Gaza…

UK Insurers Join Cargo Safety Initiative

Safetytech Accelerator, a non-profit established by Lloyd’s Register, has confirmed that UK maritime insurers, the UK P&I Club and TT Club, have signed up for its Cargo Fire & Loss Innovation Initiative (CFLII).The Initiative, launched in February 2023, is a multi-year collaborative technology acceleration program focused on reducing cargo fires and loss in maritime and its impact. It is already supported by anchor partners COSCO Shipping Lines, Evergreen Line, HMM, Lloyd’s Register…

Dual-fuel Newcastlemax Vessel Delivered to Himalaya Shipping

Himalaya Shipping announced it has taken delivery of the sixth in a series of 12 newbuild 210,000 dwt Newcastlemax dual fuel bulk carriers the company has on order from New Times Shipyard.The vessel, Mount Neblina, will commence a minimum 24-month time charter with an evergreen structure thereafter and will earn an index-linked rate, reflecting a significant premium to a standard Capesize vessel, Himalaya Shipping said. The time charter also includes a profit sharing of any economic benefit derived from operating the vessel's scrubber or running on liquefied natural gas (LNG)…

Port of Los Angeles Pays Tribute to Shipping Lines That Reduced Emissions

The Port of Los Angeles has recognized the achievements of more than two dozen shipping lines and carriers for participating in the Port’s Vessel Speed Reduction Program (VSRP), an air quality and annual incentive program for vessel operators who reduce their speed as they approach or depart the port.The voluntary program is one of many sustainability efforts currently underway at the Port to reduce emissions and decarbonize operations.Emission reductions are achieved under the…

Historic Drought, Hot Seas Slow Panama Canal Shipping

Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could make its inaugural Panama Canal voyage this month, a historic drought forced it to drop weight by offloading hundreds of containers.Weather-related disruptions denied the vessel, owned by Taiwanese shipping company Evergreen Marine, a chance on Aug. 1 to set a record for carrying the most containers through the vital maritime shortcut that connects the Pacific and Atlantic…

SHI Receives Order for 16 Methanol-Powered Ships

Samsung Heavy Industries (SHI) has signed a shipbuilding contract for 16 16,000 TEU methanol-powered container ships from a shipowner in Asia.Evergreen Shipping’s subsidiary Evergreen Marine (Asia) has placed an order with SHI for 16 vessels and a separate order for eight 16,000 TEU with Japan’s Nihon Shipyard.The order amount was KRW 3,959.3 billion ($3.1 billion), the largest ever for a single ship contract, says SHI. It has broken the previous record (12 LNG carriers, KRW 3.331 trillion) set by SHI in June of last year.

Change of Command at USCG R&D Center

The U.S. Coast Guard Research and Development Center (RDC) held a Change of Command on June 16, 2023, at 10 a.m. at Fort Trumbull in New London. Current RDC Commanding Officer, Capt. Dan Keane, was relieved by Capt. Michael Chien. Capt. Keane held command since May 1, 2020. He retires with 24 years of service.During Capt. Keane’s tenure, the command operated seamlessly during the height of the COVID-19 pandemic. Research continued and the approved portfolio was executed. Highlights included the command celebrating its 50th anniversary…

Shipping Industry Grapples with Ways to Cut Cargo Fires at Sea

Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires erupting inside containers or in cars at sea, officials said on Wednesday.Shipping transports around 90% of world trade onboard different vessels including container and Ro-Ro ships with trade routes getting busier.In a new initiative, leading carriers Evergreen Line of Taiwan, South Korea's HMM, Denmark's Maersk, Germany's Offen Group, Singapore's ONE (Ocean Network Express)…

Maersk Sues Evergreen Over Suez Canal Blockage

Shipping group Maersk  said on Monday it had filed a lawsuit against the owner and operator of container ship Ever Given, which blocked the Suez Canal for six days in 2021, claiming compensation for delays caused by the incident.The Danish company did not disclose the size of the claim or when it was filed. The news was first reported by industry media ShippingWatch.dk."Maersk has raised a claim against Evergreen, the ship's owners and the technical manager at the Danish Maritime and Commercial High Court…

Name & Shame: Xeneta CEI Tool Highlights Best, Worst Enviro Performers

Xeneta has taken the first step in a campaign to identify the carrier industry’s best and worst environmental performers across the world’s 13 leading shipping trades. With the help of the Carbon Emissions Index (CEI), a tool from Xeneta and Marine Benchmark, carriers have been assessed on the main Far East to South America East Coast container corridor. With first results out, Hamburg Süd is likely celebrating; Evergreen, likely not.According to the latest analysis, the CO2 emitted…

Himalaya Shipping Secures Time Charters for Four More Ships

Himalaya Shipping on Monday announced it has entered into time charter agreements for four dry bulk vessels with Koch Shipping Pte Ltd.The bulk carrier newbuilds will commence a 24-month time charter with an evergreen structure upon delivery from China's New Times Shipyard in the second and third quarter of 2023, with certain options to roll two charters to 2024.Himalaya Shipping said the vessels will earn an index linked rate, reflecting a significant premium to the Baltic 5TC index…

Maritime Risk Symposium 2022: The Importance of Inland Systems to the MTS

The 2022 Maritime Risk Symposium (MRS) is scheduled to be held Nov. 15-17, 2022, hosted by Argonne National Laboratory at the Argonne campus in Lemont, Illinois. MRS is an annual international event focused on risks involving the global maritime transportation system (MTS). For the MRS, the U.S. Coast Guard partners with the sponsor, the Transportation Research Board of the National Academies of Science, Engineering, and Medicine, and the hosting agency. MRS began in 2011 and has grown in size, scope and interest. The MRS event will be followed by the U.S.

CMA CGM Containership Breaks Panama Canal Cargo Capacity Record

Last month, CMA CGM’s Zephyr became the largest containership by cargo capacity to ever transit the Panama Canal.The Neopanamax containership Zephyr has a total capacity of 16,285 TEUs. After calling at the U.S. ports of New York and Savannah, the Zephyr sailed back southbound through the Canal, from the Atlantic to the Pacific Ocean, in route to Qingdao, China. On July 1, the vessel completed its return trip through the Expanded Canal’s Neopanamax Locks, which opened six years ago to accommodate the world’s growing fleet of large containerships.

World's Biggest Containership, Ever Alot, to fly the Panama Ship Registry Flag

The Panama Ship Registry has added Ever Alot to its fleet, touted as the world’s biggest container ship and the first to break the 24,004 TEU mark. Panama has 18 of the world’s 20 largest container ships in terms of TEUs.The vessel is mammoth at 400 x 61.5 m, launched at the end of June and surpassing the Ever Ace as the world's largest container ship.  Like the other vessels, Ever Act, Ever Aim and Ever Alp, which have a slightly smaller capacity of 23,992 TEUs, it belongs to Evergreen's "A" Class, sailing mainly between Europe and Asia.

World's Largest Containership Ever Alot Delivered in China

Chinese shipbuilders have handed over the 24,000 TEU capacity Ever Alot to Taiwanese shipping company Evergreen Marine.The newbuild, built by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., a subsidiary of the China State Shipbuilding Corporation (CSSC), is said to be the new world's largest containership. The vessel is 399.99 meters long and 61.5 meters wide, with a deck area of 24,000 square meters and a cargo compartment that's 33.2 meters deep.Once in operation, it will service…