Carriers step on the safety Accelerator to address cargo risks
Top container carriers have embarked on a new project to address ship fires and cargo ...
© Khunaspix Dreamstime.
Taiwanese liner operator Evergreen’s net profit shot up 29-fold in the first half of this year to $3.2bn, thanks to continuing equipment and capacity shortages pushing up rates.
Revenue doubled, to $6.8bn, as runaway freight rates bring unprecedented earnings to liner operators.
On Friday, Evergreen president Eric Hsieh said the carrier would buy 10,000 containers from Dong Fang International, for $64.65m, the second time in a year Evergreen has gone to the Cosco subsidiary for equipment, having ordered 28,000 containers, for $141.17m ...
Comment on this article