News / Evergreen joins compatriot lines in renegotiating shipping contract rates

Evergreen has followed its fellow Taiwanese carriers, Yang Ming and Wan Hai, in beginning to renegotiate contract terms with shippers.

The carrier’s general manager, Eric Hsieh, said today: “We need to reduce the spread between the contract and the spot market.

“Currently, individual cases are discussed according to the different agreed freight rates and the customer’s needs.”

And he said he blamed the easing of transport bottlenecks and the rising cost of living around the world for the fall in container freight rates.

He said: ...