Ever Ace Credit Evergreen

Evergreen is to spend more than $3bn on another series of 24,000 teu ultra-large containerships.

The Taiwanese mainline operator said yesterday it had commissioned 11 ships, priced between $265m and $295m each; six to be built by South Korean shipbuilder Hanwha Ocean and five at Guangzhou Shipyard International in China.

Evergreen’s orderbook is now at 821,423 teu, the fifth-largest, behind MSC, CMA CGM, Cosco, and Maersk, and equates to 46% of its active fleet.

The ...

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