Evergreen Marine Corp is spending over $1bn to take control of 10 of the largest chartered container vessels in its fleet.

Evergreen Marine Corporation announced its financial results for the full year ended December 31, 2024. The company reported ...

Evergreen Marine reports record revenue of $12.7 bln and tripled net income in 2024. Find the latest news from the maritime industry on the PortNews website.

The company is understood have benefited from higher freight rates on the back of the ongoing Red Sea crisis. A dividend of ...

Chinese authorities are reportedly examining the agreement for the sale of Hutchison Ports to the consortium formed by BlackRock and MSC, confirming speculation about Beijing’s displeasure over the ...

On 14 March 2025, the Grimaldi Group took delivery of the fourteenth and final hybrid ro-ro vessel of the GG5G class, which ...

Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to ...

Evergreen Marine Corp. reported revenue climbed to $12.7 billion in 2024 from $8.4 billion a year ago, while net income more ...

Why should a 500 TEU container ship pay the same as a 25,000 TEU container ship? Even at $1,000/net ton, a 500-container vessel would still pay close to $1 million.” Tropical Shipping said its CEO Tim ...

US-registered Stena Immaculate was transporting fuel for the US military when it was struck by the Portuguese-flagged container ship off the East Yorkshire coast on Monday morning. On Thursday, ...