Liners add capacity to Asia-ECSA as ocean rates hit 18-month high
With Asia-South America ocean freight rates at an 18-month high of around $4,350 per 40ft, ...
HLAG: EUROGATE DEALAAPL: SUPPLY CHAIN HURDLESVW: DECISION TIME VW: UPDATE XOM: EARNING GROWTHWTC: REBOUND ON WEAKNESSCHRW: BENCHMARKINGDHL: UPGRADEDEXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENT
HLAG: EUROGATE DEALAAPL: SUPPLY CHAIN HURDLESVW: DECISION TIME VW: UPDATE XOM: EARNING GROWTHWTC: REBOUND ON WEAKNESSCHRW: BENCHMARKINGDHL: UPGRADEDEXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENT
Taiwan vessel operator Evergreen has denied its box ship Ever Forward caused environmental damage when it became grounded in Chesapeake Bay and was later refloated.
Maryland state comptroller Peter Franchot asked the carrier to launch what he called a $100m “responsibility fund” to cover environmental and economic costs following the grounding of the 12,000 teu ship on 13 March.
However, today, Evergreen insisted that the ship had suffered no structural damage, all its onboard equipment was functioning normally and, “as such, the comptroller’s immediate concern has been avoided”.
The company said environmental concerns were a “fundamental tenet” of the company’s corporate mission and “taken very seriously”.
It added: “We are pleased that all dredged material excavated from the Ever Forward site is being beneficially used for rebuilding and restoring Poplar Island, home to hundreds of species of wildlife and waterfowl, as approved by Maryland’s Department of the Environment.”
Following the accident investigation, Evergreen said: “A more decisive view on accountability will be available and measures can be taken to prevent similar incidents in the future and further improve maritime and environmental safety.”
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