Evergreen Marine

Evergreen Marine Corporation
長榮海運
Public (LSE: EGMD) (TWSE: 2603)
Industry Transport
Founded 1968
Headquarters Luzhu District, Taoyuan City, Taiwan
Key people
Dr. Chang Yung-fa (Chairman)
Products Shipping
Cargo
Freight distribution
Revenue

Increase NTD 144.924 billion (2007)[1]
$4.556 billion (2007)[2]

£2.588 billion (2007)[2]
Owner Evergreen Group
Number of employees
3,389 (2007) Evergreen Marine Corp. Taiwan
Divisions Uniglory Marine Corp. (Taiwan)
Evergreen UK Ltd. (UK, -2007)
Italia Marittima S.p.A. (Italy, -2007)
Website www.evergreen-marine.com

Evergreen Marine Corporation (Chinese: 長榮海運) (LSE: EGMD TWSE: 2603), is a Taiwanese container transportation and shipping company. Headquartered in Luzhu District, Taoyuan City, Taiwan,[3] is a global containerized-freight shipping company. Its principal trading routes are: the Far East to North America, Central America and the Caribbean; the Far east to northern Europe and the east Mediterranean; Europe to the east coast of North America; the Far East to Australia, Mauritius, South Africa and South America; and an intra Asia service linking ports in Asia to the Middle East, Persian Gulf and the Red Sea.[4] With over 150 container ships it is part of the Evergreen Group conglomerate of transportation firms and associated companies. Evergreen calls on 240 ports worldwide in about 80 countries, and is the fourth largest company of its type, ranked behind Maersk, Mediterranean Shipping Company, and CMA CGM (in order). The company's activities include: shipping, construction of containers and ships, management of ports, and engineering and real estate development. Subsidiaries and divisions include Uniglory Marine Corp. (Taiwan), Evergreen UK Ltd. (UK), and shipping company Italia Marittima S.p.A. (Italy). In 2007, Hatsu, Italia Maritima, and Evergreen were merged into the single "Evergreen Line."

The majority of Evergreen's shipping containers are painted green with the word "Evergreen" placed on the sides in white letters. Uniglory containers are similarly painted and marked, but those containers are bright orange. Evergreen's refrigerated "reefer" containers have a reverse color scheme (white containers with green lettering).

History

Evergreen Marine Building on Sec.2, Minsheng East Road, Taipei City, Taiwan.
The "Thalassa Hellas" on its maiden voyage

The company was founded 1 September 1968 by the chairman of the company, billionaire Yung-Fa Chang. Services began with a single cargo vessel named Central Trust, which operated a "go-anywhere" service.[5] A second vessel was added in 1969, and used on Middle East services.[5] Additional vessels were acquired through the 1970s, and routes to East Asia and Central America were added.[5] Service to the U.S. began in 1974, with the establishment of Evergreen Marine Corporation (New York) Ltd.[5]

In 1981, the parent company changed its name to Evergreen International S.A. (EIS), as the company increased its global expansion efforts.[5] Evergreen Marine began its first circumnavigation shipping services in 1984. This service is bi-directional, covering both westbound and eastbound routings.

Since then, Evergreen Marine has expanded to include other shipping companies such as the Uniglory Marine Corp. (Taiwan) in 1984, the Hatsu Marine Ltd. (U.K.) in 2002, and the Italian shipping company Italia Marittima (previously Lloyd Triestino, and founded as "Österreichischer Lloyd" in 1835) in 1993. Uniglory was made a division of the company in 1999.[5] Evergreen Marine has also become a partner of EVA Airways, founded in 1989, and Uni Air, founded in 1998.

In 2002, Evergreen Marine operated 61 container vessels, with a total fleet size totaling 130 vessels with 400,000 TEU (twenty-foot equivalent units).[5] By 2008, Evergreen Marine operated 178 container vessels.[6] In 2009, the company announced plans to build 100 additional vessels, in anticipation of a global economic recovery by 2012.[6]

Operations

Evergreen's trademark green worldwide shipping containers.

Evergreen Marine's operations primarily center around five general routings:[7]

The shipping line's busiest routings are in the first category, East Asia to North America and Central America.[7] Within this area, common traffic is between China, Japan, Korea, and Taiwan with the U.S. West Coast, along with routings to the East Caribbean via Panama.[7]

Fleet

Evergreen "Ever U" type vessel.
The "Ever Lasting" in Hamburg
The "Ever Safety" in Hamburg, Juni 2013

Evergreen Marine (including Uniglory, Lloyd Triestino & Hatsu) operated 153 container ships with 439,538 twenty-foot equivalent units (TEU) on 1 May 2005. In total, Evergreen Marine operated 178 container ships in 2008.[6]

Containership classes

The following are Evergreen containership classes since 1975:

The following are vessels transferred between Evergreen Marine and Uniglory Marine (Taiwanese or Panamanian flag) and subsidiaries:

Terminals

Evergreen Marine operates four major transshipment hubs, and multiple container terminals.

Transshipment hubs

Evergreen Kaohsiung Container Terminal, Taiwan

Terminals

Subsidiaries and divisions

Maritime lines

Since 2007, the following have been merged into the single Evergreen Line.

Service network

Evergreen Marine's worldwide service network is handled through the following agencies:

  • Evergreen Marine Corp. (Taiwan) Ltd.
  • Evergreen Korea Corp.
  • Evergreen Marine Corp. (Malaysia) Sdn Bhd.
  • Evergreen Shipping(Singapore) Pte Ltd.
  • Evergreen Shipping Agency (Thailand) Co. Ltd.
  • P.T. Evergreen Shipping Agency Indonesia ee'
  • Evergreen Vietnam Corp.
  • Evergreen Japan Corp.
  • Evergreen Marine (Hong Kong) Ltd.
  • Evergreen Philippines Corp.
  • Evergreen India Private Ltd.
  • Evergreen International S.A. / Unigreen Marine S.A.
  • Evergreen Shipping Agency (America) Corp.
  • Evergreen Shipping Agency (Russia) Ltd.
  • Evergreen Shipping Agency Poland Sp. Z o.o.
  • Evergreen Marine Australia Pty Ltd.
  • Evergreen France S.A.
  • Evergreen Shipping Agency (Netherlands) B.V.
  • Evergreen Deutschland GmbH
  • Evergreen Shipping Agency (Poland) Sp. Z o.o.
  • Evergreen Gesellschaft M.B.H.
  • Evergreen Marine (UK) Ltd.
  • Evergreen Agency (Ireland) Ltd.
  • Evergreen Italy S.p.A
  • Green Andes (Chile)
  • Green Iberica
  • Global Shipping Agencies (Colombia)

See also

References

  1. "2007 Annual Report" (PDF). Evergreen Marine Corp. 2007. Retrieved 2008-10-01.
  2. 1 2 "Currency Conversion". XE Currency Site. 2008. Retrieved 2008-10-01.
  3. "Safety, Quality, Environment Policy." Evergreen Marine. Retrieved on September 29, 2009.
  4. "Evergreen Corporate Profile." Retrieved on August 31, 2012
  5. 1 2 3 4 5 6 7 Mote, Dave (2008). "Business Encyclopedia - Evergreen Marine Corp.". Hoover's Inc. Retrieved 2008-10-01.
  6. 1 2 3 Taiwan's Evergreen Marine to build 100 container ships
  7. 1 2 3 Evergreen Marine corporate profile

Sea Containers NZ

External links

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