Yang Ming extends charters and is set to order new box ships
Yang Ming’s chairman Tsai Feng-ming says the Taiwanese carrier is feeling the heat from compatriot ...
Photo: © Yali Shi | Dreamstime.com
The power struggle among the four sons of the late Evergreen founder, Chang Yung-fa, continues and could lead to the group being broken up.
Evergreen Marine Corp (EMC), the listed arm of the Taiwan group, last week acquired its privately owned affiliate Evergreen Marine (Singapore) (EMS) for $780m, as it prepares to consolidate the container shipping assets.
Evergreen’s owned fleet stands at 952,000 teu, while it has 88 ships of around 457,000 teu on order. EMC owns 53% of that fleet and, according ...
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