Advertisement

Evergreen Line celebrates 50 years in the container shipping industry

Evergreen Line is marking 50 years of work in the container shipping industry. In 1968 Evergreen Line first saw the day of light when Dr Yung-fa Chang purchased his first ship and Evergreen Marine Corporation came into existence.

Now, 50 years later, the ‘Taiwanese Miracle’ is one of the world’s leading container shipping lines. Being its faithful companion since 1979, Greencarrier Liner Agency embraces Evergreen Line’s 50 years of success in the container shipping industry. A relationship was formed in the early days of containerisation

Greencarrier Liner Agency has a long history with Evergreen Line and it was formed about the same time as containerisation really took off in the early 1980’s. The ability to ship smaller quantities at higher frequencies was an important development for the industry. As an early player, Evergreen Line started off on a small scale and grew to become one of the world’s largest transport companies.

One might wonder how Evergreen Line, as an outsider, managed to become such an early player on the market. The company has always preferred to work alone, or else team up with other lines through loose-knit alliances, rather than become locked into highly integrated consortia or join rate-setting conferences. And so, there is more to the story.

At that time, there was the FEFC (Far Eastern Freight Conference) where all shipping lines with traffic between Asia and Europe were connected, which had existed since the end of the 19th century. Evergreen Line challenged the authority of this belligerent cartel. The confrontation made a lasting impression on the veteran shipowners and broke the dominance of the FEFC. Evergreen Line’s global network of services rapidly expanded and a much more open market competition began to take form.

Ships Montly - January 2024

Tallink sells Star I and Superfast IX returns

AS Tallink Grupp has signed a Memorandum of Agreement with the Irish company Irish Continental Group plc to sell the passenger ferry Star I....
Advertisement

Related articles

Tallink sells Star I and Superfast IX returns

AS Tallink Grupp has signed a Memorandum of Agreement with the Irish company Irish Continental Group plc to...

Medway Queen at centre of Dunkirk Little Ships 85th anniversary events

PS Medway Queen was requisitioned for the Royal Navy and converted for minesweeping in 1939. When the Dunkirk...

Naming ceremony for Damen electric Fast Ferry 

Reederei Norden-Frisia has held a naming ceremony for its latest vessel, Frisia E-I. In a boost for sustainable...

Stena Line Develops New Concept Vessel

Through optimal design and new technology, the new concept vessel Stena Futuro can reduce energy usage by 20 percent...