Evergreen Marine - History

History

Further information: Evergreen Group

The company was founded 1 September 1968 by the chairman of the company, billionaire Dr. Yung-Fa Chang. Services began with a single cargo vessel named Central Trust, which operated a "go-anywhere" service. A second vessel was added in 1969, and used on Middle East services. Additional vessels were acquired through the 1970s, and routes to East Asia and Central America were added. Service to the U.S. began in 1974, with the establishment of Evergreen Marine Corporation (New York) Ltd.

In 1981, the parent company changed its name to Evergreen International S.A. (EIS), as the company increased its global expansion efforts. Evergreen Marine began its first around-the-world shipping services in 1984. This service is bi-directional, covering both westbound and eastbound routings.

Since then, Evergreen Marine has expanded to include other shipping companies such as the Uniglory Marine Corp. (Taiwan) in 1984, the Hatsu Marine Ltd. (U.K.) in 2002, and the Italian shipping company Italia Marittima (previously Lloyd Triestino, and founded as "Österreichischer Lloyd" in 1835) in 1993. Uniglory was made a division of the company in 1999. Evergreen Marine has also become a partner of EVA Airways, founded in 1989, and Uni Air, founded in 1998.

In 2002, Evergreen Marine operated 61 container vessels, with a total fleet size totaling 130 vessels with 400,000 TEU (twenty-foot equivalent units). By 2008, Evergreen Marine operated 178 container vessels. In 2009, the company announced plans to build 100 additional vessels, in anticipation of a global economic recovery by 2012.

Read more about this topic:  Evergreen Marine

Famous quotes containing the word history:

    Don’t give your opinions about Art and the Purpose of Life. They are of little interest and, anyway, you can’t express them. Don’t analyse yourself. Give the relevant facts and let your readers make their own judgments. Stick to your story. It is not the most important subject in history but it is one about which you are uniquely qualified to speak.
    Evelyn Waugh (1903–1966)

    The history of his present majesty, is a history of unremitting injuries and usurpations ... all of which have in direct object the establishment of an absolute tyranny over these states. To prove this, let facts be submitted to a candid world, for the truth of which we pledge a faith yet unsullied by falsehood.
    Thomas Jefferson (1743–1826)

    To care for the quarrels of the past, to identify oneself passionately with a cause that became, politically speaking, a losing cause with the birth of the modern world, is to experience a kind of straining against reality, a rebellious nonconformity that, again, is rare in America, where children are instructed in the virtues of the system they live under, as though history had achieved a happy ending in American civics.
    Mary McCarthy (1912–1989)