Taiwan's Evergreen Opens Four New Offices in Latin America
Taiwanese container transportation and shipping company Evergreen Marine Corp. is expanding its operations into Central and South America this year following the recent opening of four new agency offices in the region."In view of the growth potential in Latin American trade, Evergreen Line is continuing to establish its own offices at main service locations in the region. The move will strengthen the effectiveness of the line’s operations, improve its capability to react to market opportunities…
Shipbuilding: Synergy's New 20,000+ TEU Containership
Synergy Group took delivery of Ever Gifted, an Ultra Large Container Vessel (ULCV) newbuilding built in Japan at Imabari Shipbuilding.Currently under Synergy’s technical management on Evergreen Line’s popular Far East-North Europe and Mediterranean service, the 20,000+ TEU capacity ULCV is one of the largest container ships in service worldwide.Captain Rajesh Unni, CEO and Founder of Singapore-headquartered Synergy Group said: “The Ever Gifted is one of the highest capacity container ships currently in service.
Imabari Confirms Newbuilding Order for 12 Container Carriers from Evergreen
Japanese ship building marine engineering and service company Imabari Shipbuilding, with the cooperation of Marubeni Corporation,has secured a newbuilding order of twelve units of 11,000TEU Container Carriers for Evergreen Line, Taiwan.Having dimensions of about 334m in length with about 48.4m breadth service speed in about 23 knots, loading capacity is over 11,000TEU, said a press release."Like our other Ultra large-size containers with track record, this Vessel is adopted with eco-friendly hull form design and Twin-Islander enhancing more loading capacity to compare with our former design…
Shipping e-Solutions to Power Efficiencies at Evergreen
Evergreen Launches New Electronic Documentation Function in Partnership with Bolero International. Evergreen Line introduces paperless Bill of Lading (B/L) and dispatch documentation via its ShipmentLink digital portal, enhancing connectivity for exporters and importers with banks, insurers, regulators, customs and port authorities. Evergreen is the first container carrier to integrate with Bolero’s proven electronic Bill of Lading (eBL) solution. These new services, provided in partnership with Bolero International, will lower shippers’ costs while making data transfer more accurate, efficient, reliable and secure. Accessed via the line’s established ShipmentLink portal…
Evergreen Charters Twelve 11,000 TEU Newbuilds
Evergreen Marine Corp. (EMC) entered into an agreement with Shoei Kisen Kaisha to charter twelve 11,000 TEU class containerships. The charter parties were signed by EMC Chairman Anchor Chang and President of Shoei Kisen Kaisha Yukito Higaki. The plans to charter these vessels were approved early last month at the board meetings of Greencompass Marine S.A. and Evergreen Marine (Hong Kong) Ltd. respectively. The two subsidiaries of EMC will each charter six vessels. All twelve ships…
Evergreen Expands its Service Network to Northern Mindanao
In order to offer a wide-ranging service to the whole market of the Philippines especially in Mindanao Island, Evergreen Line who operates the fourth largest container fleet in the world will launch the new Taiwan-Philippines Service (TPH) adding new port call at Mindanao Container Terminal in Tagoloan, Misamis Oriental. The dedicated South Philippines feeder loop will utilize two containerships with a minimum capacity of 1, 300 TEU. The first sailing of the weekly TPH service will start on October 25…
Ever Sigma Discharges 9 millionth TEU at Los Angeles Port
Evergreen Line’s Ever Sigma container ship discharged the 9 millionth TEU (twenty-foot equivalent unit) to pass through the Port of Los Angeles in the span of 12 months, setting a new annual record for the most container throughput of any port in the western hemisphere. "Nine million TEUs is a major milestone for Los Angeles, and it’s only fitting that Evergreen Line, a longstanding customer, discharged the box that set this new Western Hemisphere record," said Port Executive Director Gene Seroka.
APM Terminals Zeebrugge Regains Asian Service
The weekly Ocean Alliance NEU4 service, operated by French-based CMA-CGM, will link the port of Zeebrugge with the Asian ports of Tianjin, Qingdao, Shanghai, Ningbo, and Yantian, China as well as Busan, Korea, beginning with the first call of the 13,380 TEU capacity APL Changi on May 16th. The NEU4 service is one of six Asia/North Europe services offered by the Ocean Alliance, which began operations on April 1st with CMA CGM, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line as members.
U.S. FMC Unanimously Rejects Proposed Tripartite Pact
U.S. Federal Maritime Commissioner William P. Yesterday, I voted to reject the Tripartite Agreement proposed by Kawasaki Kisen Kaisha, Ltd. (K Line); Mitsui O.S.K. Lines Ltd. (MOL); and Nippon Yusen Kaisha (NYK). This agreement was unanimously rejected by the Commissioners on the Federal Maritime Commission (FMC). This decision by the FMC in no way precludes the Japanese carriers from merging their container trade business units into a single stand-alone company. Rather, the vote…
COSCO Shipping Reports $1.4 bln Loss for 2016
China's COSCO Shipping Holdings Co Ltd made a loss last year of 9.9 billion yuan ($1.44 billion), the company reported on Thursday, due to both persistently weak freight rates and restructuring costs. Freight shipping firms have been hit hard by a prolonged downturn in rates caused by overcapacity and a slowdown in global trade. COSCO, the world's fourth-largest container shipping line, became a new company last year, born out of the merger of two major domestic shipping firms, making year-on-year comparisons difficult.
Evergreen Recognized for Protecting Blue Whales
Evergreen Line has received recognition for its excellent performance in a voluntary environmental and ecological protection program, which started on July 1 last year and ended on November 15. The initiative was aimed at reducing greenhouse gas emissions of vessels and avoiding whale collisions by encouraging slow sailing speeds in California's Santa Barbara Channel region. The recognition ceremony took place on January 23, 2017. Vessels enrolled in this program were required to reduce speeds to 12 knots or less within 95 nautical miles of the ports of Los Angeles and Long Beach.
OCEAN Alliance Vs 2M
With Ocean Alliance released its long-awaited network information, with members CMA CGM, China Cosco Shipping, Evergreen Line, and Orient Overseas Container Line to offer 40 services on the east-west trades with 498 port calls, battle looms in the global market as it challenges 2M, another major global container carrier alliance. According to China Daily, with a total carrying capacity of 3.5 million twenty-foot equivalent units, or TEUs, OCEAN Alliance will be able to provide…
OCEAN ALLIANCE Sets Out Network
Members of the OCEAN ALLIANCE, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line, signed a document entitled the Day One Product, which sets out the proposed OCEAN ALLIANCE’s network, including port rotation for each service loop. The Day One network intends to deploy around 350 container vessels with an estimated total carrying capacity of 3.5 million TEUs to provide one of the most comprehensive service coverage in the market on the following trade lanes. The vessel deployment details for each service loop, will be released around end of this November.
Container Shippers Enhance Asia-Australia Network
In order to offer shippers a more comprehensive service on Asia-Australia trade, Evergreen Line, OOCL, MOL, "K" Line and YML are teaming up to offer a new joint North East Asia - Australia Express (NEAX). This weekly service will utilize six ships of between 3,500 and 3,700 TEU capacity, one each provided by Evergreen, MOL, K-LINE, YML and the remaining two by OOCL. The first sailing is planned to depart from Yokohama on October 23, with the following port rotation: Yokohama - Osaka - Pusan - Qingdao - Shanghai - Ningbo - Melbourne - Sydney - Brisbane, then returning to Yokohama.
Evergreen Line Expands Adriatic-Israel Service
Evergreen Line is to partner with COSCO in operating a joint Adriatic - Israel (AIS) Service. The new initiative opens up the corridor between North Adriatic ports, Piraeus and Israel, and provide direct and speedy service to customers. Two ships of around 1,000 TEU will be deployed on the new weekly service, one each operated by the joint service partners. With a 14-day rotation, this weekly service provides an efficient link for regional trade and offers more opportunities for customers in the growing area, focusing especially on the time sensitive reefer cargo.
Evergreen Adjusts Following Hanjin Collapse
Responding to the unexpected service disruption caused by CKYHE alliance member Hanjin Shipping, which has entered rehabilitation proceedings, Evergreen Line has added new functions to its online e-commerce system. The service disruption has caused delays to Evergreen Line’s cargoes previously loaded on the Korean carrier’s vessels. Evergreen said its new functions enable customers to update the status of their cargoes and Hanjin’s vessel positions, including information about anchorage at or sailing to a particular port.
Virginia Port Update on Handling of Hanjin, CKYHE Cargo
In light of the recent bankruptcy filing by Hanjin Shipping, The Port of Virginia has updated its policies and processes regarding the movement and loading of Hanjin vessels and containers. The following policy is effective as of Sept. Line onto a Hanjin vessel. Line vessels. These restrictions were requested by Cosco Container Lines, "K" Line, Yang Ming Line and Evergreen Line, which with Hanjin, compose the CKYHE shipping alliance. After careful consideration, the port agreed today to comply with the request. Beginning Aug.
OOCL Won't Accept Hanjin Cargo
Hong Kong's Orient Overseas Container Line (OOCL) said it has stopped loading cargoes and containers from South Korea's Hanjin Shipping Co Ltd , which has filed for court receivership. OOCL's cargo units will also no longer be loaded on vessels operated by Hanjin Shipping, the world's seventh-largest container shipper, according to a notice posted on its website www.oocl.com and emailed to customers. "For OOCL cargo on Hanjin Shipping operated vessels that are under arrest and/or idled outside the port, we will liaise with Hanjin Shipping and the marine terminal operators to release the cargo as soon as possible," OOCL said. One vessel…
Evergreen Responds to Hanjin's Receivership Filing
It has been reported that Hanjin Shipping, a member of CKYHE Alliance, has applied for court receivership today. As a member of CKYHE Alliance, Evergreen Line has prepared for this crisis and has activated a contingency plan. 1. No Evergreen Line cargo will be loaded on the vessels operated by Hanjin Shipping. 2. Hanjin Shipping cargo will not be allowed to load on the vessels operated by Evergreen Line. Evergreen Line, as the Carrier to issue the Bill of Lading for the shipment under Evergreen Line's custody, will not prejudice to cargo owner's rights.
CMA CGM Completes NOL Acquisition
CMA CGM has reported its all-cash voluntary unconditional general offer for Neptune Orient Lines Ltd (NOL) closed on July 18, 2016, with CMA CGM now owning approximately 97.83 per cent of NOL's share capital. Monday July 18 marked the last day of trading in shares of NOL on the Singapore Exchange. Trading in NOL was suspended. Singapore's former national shipping company was acquired in a 3.38 billion Singapore dollar ($2.5 billion) acquisition by the French shipping line CMA CGM.
THE Alliance Beckons HMM
Hyundai Merchant Marine (HMM) is sailing into the THE Alliance. With the new charter deals it is now “one step closer to becoming a member of THE Alliance”, from which it was excluded when the mega-alliance was announced last month. According to a report in Business Korea, HMM president Lee Baek-hoon met with K Line president and CEO Eizo Murakami in Tokyo to discuss the former’s joining the THE Alliance. At the meeting, K Line mentioned that it would approve of Hyundai Merchant Marine’s membership in the THE Alliance sooner or later.
Cai Mep International Terminal Container Volume Doubles
Throughput at Cai Mep International Terminal, the APM Terminals facility in Vietnam’s Ba Ria‐Vung Tau province, southeast of Ho Chi Minh City, expanded by 130 percent in the first quarter as new service calls added in 2015 began to impact volumes. The container volume has surged by 130% to 277,303 TEUs for the first three months of 2016, as compared with the same period a year ago. This growth follows an 80% expansion in container traffic at CMIT in 2015 over the year prior, to 724,768 TEUs.
CMIT's Q1 Volume Double
Cai Mep, Vietnam - With five new services calls added to Cai Mep International Terminal (CMIT) since May of 2015, container volume has surged by 130% to 277,303 TEUs for the first three months of 2016, as compared with the same period a year ago. This growth follows an 80% expansion in container traffic at CMIT in 2015 over the year prior, to 724,768 TEUs. CMIT, part of the APM Terminals Global Terminal Network, is a deep-water facility located in the Ba Ria‐Vung Tau Province…