Evergreen Cutting Fleet Size

11/10/2009 10:31:46 AM

Evergreen Line said it is scaling down its operating fleet and rationalizing its services in an effort to cope with market conditions.   The ocean carrier said it plans to lay up 17 of its ships by the end of 2009 “referred to vessels which were not deployed in our service network at the time of the press interview with our top management.”   It said it has returned to charter ship owners the ships that it does not need on the expiration of their charter leases. It has also sold several aging ships for demolition.   With the market entering traditional slack season, Evergreen said it will withdraw from its service network a “few” more ships from 2,800 20-foot equivalent units to 6,000 TEUs.   The Journal of Commerce Online

RELATED NEWS

OTHER NEWS

OOCL Imposes Peak Season Surcharge (11/10/2009 10:31:30 AM) CMA CGM adds Singapore to PEX 3 (11/10/2009 10:31:13 AM) The Celebration of the 2 Millionth TEU Through Tan Cang-Cat Lai Container Terminal (11/10/2009 10:30:49 AM) WTSA lines extend rate restoration (11/9/2009 11:27:08 AM) High traffic growth at Phnom Penh port continues (11/9/2009 11:24:38 AM) SAECS expands service to accommodate seasonal reefers (11/7/2009 9:53:52 AM) MSC to Raise Trans-Atlantic Import Rates Twice (11/7/2009 9:52:39 AM) MSC Revises Golden Gate loop to Include Norfolk (11/6/2009 10:20:12 AM) First feeder service links YICT and JICT(J) (11/5/2009 9:53:41 AM) Hanjin Shipping to raise transatlantic rates (11/5/2009 9:53:11 AM)

COMMENTS

Your comment

Content: Email / Name / Tel:

The most comprehensive and easy-to-use global marine weather application

With the Courtesy of Bao Hoang Yachts Co. Click "HERE" to get your own 30day free trail or contact Ms Phuong Bui at Vietnam Shipper: phuongbq@vil.com.vn / 08.39330 148