Overcapacity looms for ocean trades – with more blanked sailings inevitable
Notwithstanding the possible effects of the US tariffs on global container trades, the box lines ...
Evergreen Marine Corporation has joined the ranks of liner operators who have been demolishing or selling older tonnage as the freight market weakens.
Last week, it was reported that the Taiwanese mainline operator had sold two 1998-built vessels, 4,211 teu Ever Devote and 1,296 teu Uni Aspire. Ever Devote was sold for $555/ldt on an “as is” basis while Uni Aspire fetched $585/ldt for recycling in India.
In June and February, Evergreen sold the same-age 4,211 teu Ever Diadem and 1,296 teu ...
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