NT$189.50
NT$-8.00 (-4.22%)
End-of-day quote: 05/01/2024
TWSE:2603

Evergreen Marine Corporation (Taiwan) Profile

Evergreen Marine Corporation (Taiwan), Ltd. engages in domestic, international marine transportation, shipping agency services, and the distribution of containers. The company’s fleet includes dry cargo container, refrigerated container, and special containers.

Services

Ocean Services

China/Korea/Japan – U.S. – Europe pendulum service: This service covers the two major trade lanes Trans-Pacific and Trans-Atlantic using two R-type, eight D-type and two chartered vessels to provide a weekly service.

USWC – Asia – Europe pendulum service: This weekly service also covers Trans-Pacific (Pacific Northwest) and Asia –Europe trades, using twelve U-type vessels.

Taiwan/Hong Kong/South China – USWC service: This route serves the Trans-Pacific (Pacific Southwest) trade on a weekly basis using three U-type and two D-type vessels.

Taiwan/South China/Hong Kong – USEC all water service: This route serves the Asia – USEC trade lane on a weekly basis with the deployment of eight R-type vessels.

Taiwan, Hong Kong, China – U.S. Southwest Coast service: This route serves the trade lane between Asia and the Pacific Southwest on a weekly basis using one S-type and four E-type vessels.

China, Korea – U.S. Northwest Coast service: This route is operated on a weekly basis utilizing four chartered vessels.

China – U.S. Southwest Coast service: This route offers an express service from Shanghai and Ningbo to the Southwest Coast of the U.S. using five GX-type vessels.

Asia – Mediterranean service: This route serves the trade lane between Asia and the Mediterranean on a weekly basis using nine G-type vessels.

Asia – Mediterranean/Europe service: This service covers the trade lane from China to the Mediterranean and northern Europe utilizing four CX-type, one S-type, one E-type and two U-type vessels.

Asia – South Africa/South America service: This route is operated together with Cosco and Lloyd Triestinodi Navigazione by eleven vessels on a weekly basis. Among them, six GX-type vessels belong to Evergreen.

Panama – West Coast of South America service: Four chartered vessels are deployed to provide a weekly service between Panama and the West Coast of South America.

Asia – Arabian Persian Gulf service: Five P-type vessels offer a weekly service connecting Asia to the Persian Gulf.

North Asia – Australia Express service: The weekly service is jointly operated with Hanjin and Hapag-Lloyd by five vessels. Evergreen deploys three chartered vessels in this service.

ISC – Europe service: This weekly service is operated together with K-Line, MISC, SCI, ZIM Line and Yang Ming, linking the Indian subcontinent with Europe. Evergreen contributes one G-type vessel to the seven-ship fleet.

Asia – Arabian Persian Gulf service: This weekly service is jointly operated with Cosco, using three G-type vessels to provide a service linking the Far East with the Arabian Persian Gulf and Pakistan.

Asia – Red Sea service: Evergreen uses four G-type vessels in a co-operation with Cosco and Hapag-Lloyd to provide a weekly service linking Asia and the Red Sea.

Southeast Asia – South Africa service: The joint service is operated together with Cosco, Hamburg Sud and NYK by four vessels on a weekly basis. Evergreen offers one P-type vessel.

Asia – Europe service: Evergreen charters slots on CMA CGM’s weekly service through a Slot Exchange Agreement.

Mediterranean Express: Evergreen charters slots on CMA CGM’s weekly service through a slot exchange agreement.

Asia – Med Pacifi c service: Evergreen charters slots on ZIM’s weekly service through a slot exchange agreement.

North and South America East Coast service: Evergreen charters slots from Hamburg Süd to provide a weekly inter-Americas service.

Southeast Asia – Australia service: Evergreen charters slots on Lloyd Triestino di Navigazione’s weekly service.

Asia – U.S. East Coast Express service: Evergreen charters slots on Lloyd Triestino di Navigazione’s weekly service from China to the U.S. East Coast and the Caribbean Sea.

Asia – Adriatic Service: Evergreen charters slots on Lloyd Triestino di Navigazione’s weekly service from Asia to the Adriatic Sea.

New York Express service: Evergreen charters slots on TNWA’s weekly service from the Far East to the U.S. East Coast via a Slot Exchange Agreement.

Regional Feeder Networks

Feeder networks in China: The China network covers all major ports in China, Hong Kong, Korea and Japan.

Feeder networks in the Caribbean Sea: Evergreen uses Coco Solo in Panama as a transit hub to connect with its longhaul services. This network covers all major ports in the Caribbean Sea and along the Gulf of Mexico.

Feeder networks in South East Asia: Evergreen has a feeder network in South East Asia.

Feeder networks covering the Indian subcontinent: Evergreen uses Tanjung Pelepas, Singapore and Sri Lanka as transit hubs to connect with its deepsea services to/from North America and Europe.

Feeder networks in the Mediterranean: Via the transit hub in Taranto, many feeder services are in place to reach major ports in this region.

South America West Coast: Coco Solo also serves as a transit hub connecting the West Coast of South America to its main line services to/from Asia, North America and Europe.

History

Evergreen Marine Corporation (Taiwan), Ltd. was founded in 1968.

Country
Industry:
Deep sea foreign transportation of freight
Founded:
1968
IPO Date:
01/02/1992
ISIN Number:
I_TW0002603008

Contact Details

Address:
No. 166, Minsheng East Road, Section 2, Zhongshan District, Taipei Taiwan
Phone Number
886 2 2505 7766

Key Executives

CEO:
Wu, Kuang-Hui
CFO
Mo, Cheng-Ping
COO:
Su, Teng-Huan