Comment / Evergreen in the dock

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By Martina Li in Taiwan & Gavin van Marle

26/03/2024

In a plot twist that would not look out of place on hit TV show Succession, Evergreen Marine Corporation’s (EMC) minority shareholders are suing the Taiwanese liner operator’s directors for breach of trust.

The suit is the latest salvo in a battle over the inheritance of Tawain’s largest transport firm since founder Chang Yung-fa died at the beginning of 2016 leaving four brothers squabbling over who was to take control.

What’s the latest?

The shareholders are taking issue with EMC having spent substantial ...

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Topics

EVA Airways Evergreen In the dock StarLux Airlines China Cosco Green Balance Mechanism International Maritime Organization (IMO) World Shipping Council (WSC)

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