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Major Maersk Line rival conquers market shares

Evergreen’s comprehensive newbuilding program, only surpassed by Maersk Line, will have significant consequences for the entire industry, writes Alphaliner on Tuesday.

Photo: APM Terminals

Taiwanese Evergreen conquers market shares for the first time in five years, with a steady flow of new ships entering the shipping company’s fleet, writes Alphaliner on Tuesday.

All in all, the Evergreen fleet has increased significantly in the first ten months of the year, by a total of 112,000 teu, more than in the previous five years. Since 2000, the shipping company’s market share has fallen from 6.2 percent to 3.8 percent in 2012, but that is being changed these months, due to an extensive newbuilding program with more than 390,000 teu to be delivered over the next three years, writes Alphaliner.

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