Wednesday, June 2, 2010

Top Story

Report: Evergreen to order 100 new ships

The chairman of the Evergreen Group, a Taiwan-based shipping conglomerate, has confirmed that its maritime shipping unit will order 100 new ships to modernize its fleet amid the global economic recovery.

"It will take at least 10 years to have the 100 boats built, but the first will be delivered in 2013, " said Evergreen Group Chairman Chang Yung-fa in an interview with the Chinese-language United Daily News published Wednesday.

Chang said Evergreen Marine Corp., Asia's second largest container line, hopes to order 32 container ships this year with a capacity of 8,000 20-foot equivalent units (TEUs) each.

The company is thinking of purchasing 10 of the vessels from South Korea and another 12 from Taiwan's CSBC Corp., Chang said, but their prices have yet to be finalized. The remaining ships may be ordered from either Korean or Japanese shipyards.

The report said that at Chang's insistence, the new ships will be environmentally friendly and not cost more than US$10,000 per TEU.

-Focus Taiwan News Channel

For the full story: focustaiwan.tw


More Newswire stories


FMC and EU scrutinize shipping lines over potential price fixing

Maersk Canada selling drayage company to Toronto bank

Inchcape Shipping bidders start to drop off

Twenty-thousand metric tons of stinky food rots in Venezuelan port

Today's Cargo News Archives





Click to browse past stories on these topics:

Logistics

Ports & Infrastructure

Economic Outlook

Environmental Impact

Technology