Evergreen Line

March 26 2013

In order to meet the growing market demand on the Intra-Asia trades, Evergreen Line is launching its new CPM service linking South China, Philippines and East Malaysia from mid April 2013.  In addition to providing regional transportation links for shippers in three countries, the new loop will connect to Evergreen’s global service network via Hong Kong.

Two ships of 1,700 teu will be deployed on the CPM service.  The first sailing is planned from Shekou on the 15th of April 2013.   The port rotation of the weekly service will be: Shekou – Hong Kong – Manila – Kota Kinabalu – Bintulu – Shekou.

Regional economic growth forecasts support the view that  Evergreen’s expansion of its service network with the launch of the CPM is advisable.  According to IMF’s World Economic Outlook report published in January 2013, ASEAN is forecast to attain economic growth rates of 5.5% in 2013 and 5.7% in 2014.

In addition, the Southeast Asian countries will begin negotiations to establish the Regional Comprehensive Economic Partnership (RCEP) this year together with China, Japan, South Korea, India, Australia and New Zealand.  The free trade development that is expected to ensue will further boost cargo growth within the Intra-Asia markets.

Evergreen Line will launch a new 10-day service linking Greece, Turkey and Malta at the end of January.  The new GTM service will provide regional shippers with additional connectivity between the countries and improve feeder links to/from Evergreen Line’s global service network via its hub in Piraeus.

GTM will be operated by the 600 TEU vessel Kirsten and the first sailing is scheduled from Piraeus on the 28th of January.

With a port rotation of Piraeus –Thessaloniki–Gebze –Marsaxlokk –Piraeus, the GTM service will, in particular enhance Evergreen Line’s global network connection to Thessaloniki and, with a direct call at Gebze (50 kms east of Istanbul) offer a convenient link for the neighboring Izmit industrial area.

January 3, 2013 :  Ever Leader, the eighth L-type containership of Evergreen Line, was christened by Bronson Hsieh, the Evergreen Group’s Second Vice Group Chairman, at the Samsung Heavy Industries shipyard today. The ceremonial rope cutting for the new 8,452-TEU vessel was performed by Mrs. Sook-Je Lee in a ceremony attended by dignitaries from Taiwan and abroad.

Ever Leader is owned by Evergreen Marine (Singapore) Pte Ltd. and scheduled to be delivered on January 15, 2013. The L-class containership is 334 meters in length, 45.8 meters wide, with 942 reefer plugs and a draft of 14.2 meters. The vessel is fitted with alternative marine power, ballast water treatment system, electronic-controlled fuel-injection engine that supports slow steaming and many more eco-friendly designs.

For fleet rejuvenation, Evergreen Group commenced a new shipbuilding project in 2010 and ordered 20 L-type vessels from Samsung Heavy Industries. In 2011, Evergreen placed an

Bronson Hsieh, Second Vice Group Chairman of Evergreen Group (third left), Sook-Je Lee, sponsor for the new ship's rope cutting (central) and the crew of Ever Leader

order for another 10 vessels of the same specifications with Taiwan Shipbuilding Corp.  Seven of the thirty newbuildings have been delivered in 2012 with eleven more scheduled to be delivered by the end of this year.

Evergreen Group is committed to environmental excellence. With its forward-looking planning, the latest marine technologies are adopted not only for quality transportation service but also for sustainable development of the marine ecology.

ENDS