Evergreen Marine, operator of the world's fourth-largest container carrier by capacity, swung to a profit of $129 million in the second quarter ended June 30 from $62.2 million loss a year earlier.
It reported a first half profit of $126.3 million, compared to a $147.6 million loss in 2009's first half, at the depths of the global trade and economic recession. Revenue in the half jumped 11.4 percent to $269 million.
The figures, posted on the Web site of the Taiwan Stock Exchange Monday evening, are non-consolidated results for Evergreen Marine and are not the consolidated figures for Evergreen Line.
Both companies are part of Taiwan's Evergreen Group, which in July ordered its first new container vessels after years of resisting taking on additional capacity. The first of those ten 8,000-TEUs ships are scheduled for delivery in 2012.
Evergreen Line's current fleet comprises 163 ships totaling 614,143 TEUs, according to Paris-based ship broker and analyst AXS-Alphaliner. That places it fourth on AXS-Alphaliner's ranking of Top 100 Container Ship Operators, behind Maersk Line, Mediterranean Shipping Co. and CMA CGM.
It reported a first half profit of $126.3 million, compared to a $147.6 million loss in 2009's first half, at the depths of the global trade and economic recession. Revenue in the half jumped 11.4 percent to $269 million.
The figures, posted on the Web site of the Taiwan Stock Exchange Monday evening, are non-consolidated results for Evergreen Marine and are not the consolidated figures for Evergreen Line.
Both companies are part of Taiwan's Evergreen Group, which in July ordered its first new container vessels after years of resisting taking on additional capacity. The first of those ten 8,000-TEUs ships are scheduled for delivery in 2012.
Evergreen Line's current fleet comprises 163 ships totaling 614,143 TEUs, according to Paris-based ship broker and analyst AXS-Alphaliner. That places it fourth on AXS-Alphaliner's ranking of Top 100 Container Ship Operators, behind Maersk Line, Mediterranean Shipping Co. and CMA CGM.