Evergreen Group orders 10 container ships from South Korea
After announcing recently a mega fleet expansion plan involving 100 vessels, Evergreen Group chairman Y.F. Chang has ordered 10 8,000-TEU (twenty-foot-equivalent unit) container ships from a South Korean builder, as well as considering to order 12 same-class container ships from CSBC Corp., Taiwan. Evergreen is executing fleet expansion when shipbuilding costs are still relatively low.
Responding to interviews with the United Daily News, Chang also disclosed plans to expand its F&B operations, including venues in Chiaohsi of Ilan County, northeastern Taiwan, and major cities as Shanghai, Chongqing, Chengdu, Shenzhen, Beijing, Hangzhou in China, also predicting a profitable year from the groups marine, air transportations.
The direct flights between Taiwan and China motivate Chang to believe the group will generate more profit from air transportation than marine shipping this year.
EVA Airway under the group has posted US$37.26 million in the first quarter, with a promising outlook for the remainder. Chang said Evergreen Marine Corp. will post encouraging results for the third quarter but with modest earnings to be achieved for 2010.
Chang predicts the global economy will recover in W-form before 2012.
Evergreen Group says 100 ships will be constructed within the next decade, with the first to be completed by 2013. Chang specifies that all the newly ordered ships will be built by advanced eco-friendly designs, with each to cost less than US$10,000 per TEU.
Responding to interviews with the United Daily News, Chang also disclosed plans to expand its F&B operations, including venues in Chiaohsi of Ilan County, northeastern Taiwan, and major cities as Shanghai, Chongqing, Chengdu, Shenzhen, Beijing, Hangzhou in China, also predicting a profitable year from the groups marine, air transportations.
The direct flights between Taiwan and China motivate Chang to believe the group will generate more profit from air transportation than marine shipping this year.
EVA Airway under the group has posted US$37.26 million in the first quarter, with a promising outlook for the remainder. Chang said Evergreen Marine Corp. will post encouraging results for the third quarter but with modest earnings to be achieved for 2010.
Chang predicts the global economy will recover in W-form before 2012.
Evergreen Group says 100 ships will be constructed within the next decade, with the first to be completed by 2013. Chang specifies that all the newly ordered ships will be built by advanced eco-friendly designs, with each to cost less than US$10,000 per TEU.