Resumption of Suez transits in doubt after return of Red Sea hostilities
Hope for a resumption of Suez Canal transits by container lines were dented over the ...
Evergreen has ordered 60,500 new containers at a cost of nearly $187m.
Filings to the Taiwan Stock Exchange say 23,000 containers have been ordered from CXIC Group, 21,000 from Guangdong Fuwa Equipment Manufacturing and 16,500 from Dong Fang International, the latter a unit of Cosco Shipping Development.
Container manufacturers, predominantly in China, have reported surging orders as the Red Sea crisis absorbs shipping and equipment supply, with many factories occupied until year-end.
It is Evergreen’s ...
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