Comment / Analysis: Evergreen looks financially adrift as hungry rivals circle

The consolidated annual numbers recently released by Evergreen confirmed that Taiwan’s container shipping industry remains one of the weakest spots globally, to put it mildly – in fact, barring state intervention, it is easy to argue that one of the three domestic carriers might well go under within 24 months or so.

Either way, with Pacific International Lines out of the consolidation game in Asia, expect some serious speculation, as early as this year, linking Evergreen and the other two ailing Taiwanese ...