Evergreen Marine (長榮海運) intends to order 100 container ships next year to expand its fleet to nearly 300, Evergreen founder Chang Jung-fa (張榮發) said in an interview published on Sunday.
Chang told the Chinese-language United Daily News he hopes to reach the goal of making Evergreen the world’s largest container line in his lifetime.
As the global financial crisis is coming to an end, Chang said, Evergreen plans to order 100 container ships next year.
“The shipping business is not like running a grocery store. You have to have vision,” he said.
Chang said in 2007 that an economic recovery would not begin until 2012, so Evergreen had not invested in new ships in the past two years.
Chang, 81, said that last year a French shipping tycoon invited him jointly to build a 15,000-TEU container ship. Chang turned down the offer because he knew the time was not right.
But now the time had come to expand the fleet.
Currently, the world’s top five container shipping companies are AP Moller-Maersk (550 ships), Mediterranean Shipping Co MSC (391) CMA (360), Evergreen (168) and Hapag-Lloyd (115).
If Evergreen orders 100 more ships, it will boost the fleet to 268, but its world ranking would still be world No. 4.
Chang is the founder of the Evergreen Group, which launched Evergreen Marine in 1968 and the EVA Air in 1991.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. However, while these “revelations” are spurious, behind them lurks a well-oiled machine for selling counterfeit goods that is making the most of the confusion surrounding trade tariffs. Chinese content creators who portray themselves as workers or subcontractors in the luxury goods business claim that Beijing has lifted confidentiality clauses on local subcontractors as a way to respond to the huge hike in customs duties imposed on China by US President Donald Trump. They say this Chinese decision, of which Agence
RSS