Evergreen Group (長榮集團) yesterday said it planned to charter 11 new vessels with capacities of 18,000 twenty-foot equivalent units (TEU) for the use of Evergreen Marine Corp (長榮海運) and its subsidiaries, aiming to upgrade its fleet to lower unit costs.
Evergreen Marine, the nation’s largest container shipper in terms of fleet size, is scheduled to take delivery of the 11 ships from 2018 through 2019, the company said in a statement.
The group has signed a charter agreement with Japan’s Shoei Kisen Kaisha Ltd, with the 11 chartered vessels including the six announced by Evergreen Marine in December last year.
“The group has taken this investment decision to introduce 18,000-TEU vessels based on market demand and the capacity requirement for joint service,” the statement said.
Current service cooperation arrangements with its alliance partners will enable Evergreen Marine to efficiently utilize the capacity and garner the potential economic benefits represented by larger vessels, the company added.
The new ships’ main engine is developed with a longer stroke to operate at lower speeds capable of reducing fuel consumption and greenhouse gas emission up to 7 percent more than traditional main engines, which might help lower the company’s unit cost.
Evergreen Marine’s move is part of its fleet renewal plan, along with the ongoing delivery of its own 30 8,500-TEU L-type vessels, a program beginning in July 2012 that is due to be completed this year.
In addition, Evergreen Marine has already taken delivery of five 8,800-TEU and 10 13,800-TEU chartered ships, with another 10 chartered 14,000-TEU units to be delivered from next year through 2017.
SEMICONDUCTOR SERVICES: A company executive said that Taiwanese firms must think about how to participate in global supply chains and lift their competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it expects to launch its first multifunctional service center in Pingtung County in the middle of 2027, in a bid to foster a resilient high-tech facility construction ecosystem. TSMC broached the idea of creating a center two or three years ago when it started building new manufacturing capacity in the US and Japan, the company said. The center, dubbed an “ecosystem park,” would assist local manufacturing facility construction partners to upgrade their capabilities and secure more deals from other global chipmakers such as Intel Corp, Micron Technology Inc and Infineon Technologies AG, TSMC said. It
NO BREAKTHROUGH? More substantial ‘deliverables,’ such as tariff reductions, would likely be saved for a meeting between Trump and Xi later this year, a trade expert said China launched two probes targeting the US semiconductor sector on Saturday ahead of talks between the two nations in Spain this week on trade, national security and the ownership of social media platform TikTok. China’s Ministry of Commerce announced an anti-dumping investigation into certain analog integrated circuits (ICs) imported from the US. The investigation is to target some commodity interface ICs and gate driver ICs, which are commonly made by US companies such as Texas Instruments Inc and ON Semiconductor Corp. The ministry also announced an anti-discrimination probe into US measures against China’s chip sector. US measures such as export curbs and tariffs
The US on Friday penalized two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker, Semiconductor Manufacturing International Corp (SMIC, 中芯國際), including them among 32 entities that were added to the US Department of Commerce’s restricted trade list, a US government posting showed. Twenty-three of the 32 are in China. GMC Semiconductor Technology (Wuxi) Co (吉姆西半導體科技) and Jicun Semiconductor Technology (Shanghai) Co (吉存半導體科技) were placed on the list, formally known as the Entity List, for acquiring equipment for SMIC Northern Integrated Circuit Manufacturing (Beijing) Corp (中芯北方積體電路) and Semiconductor Manufacturing International (Beijing) Corp (中芯北京), the US Federal Register posting said. The
India’s ban of online money-based games could drive addicts to unregulated apps and offshore platforms that pose new financial and social risks, fantasy-sports gaming experts say. Indian Prime Minister Narendra Modi’s government banned real-money online games late last month, citing financial losses and addiction, leading to a shutdown of many apps offering paid fantasy cricket, rummy and poker games. “Many will move to offshore platforms, because of the addictive nature — they will find alternate means to get that dopamine hit,” said Viren Hemrajani, a Mumbai-based fantasy cricket analyst. “It [also] leads to fraud and scams, because everything is now
RSS