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    Evergreen Marine Corp.

    Evergreen Marine Corp.: Leading global container shipping company based in Taiwan.

    Revenue:$14.1B
    Evergreen Marine Corp. logo
    Evergreen Marine Corp. global carrier services and logistics operations

    Company Overview

    Evergreen Marine Corporation is a Taiwanese container transportation and shipping company headquartered in Taoyuan City, Taiwan. It operates over 150 container ships, serves more than 240 ports in about 80 countries, and is one of the largest global shipping companies, forming part of the Evergreen Group conglomerate.

    Key Leadership

    Executive Team:

    • CEO: Kuang-Hui Wu
    • CFO: Mo, Cheng-Ping
    • COO: Kuang-Hui Wu

    Employee Demographics:

    • Global Workforce: 12,621

    Equipment & Infrastructure

    Specialized Equipment:

    • Container Ships Fleet: Operating over 100 container ships with a combined capacity approaching one million TEUs, servicing more than 80 countries and hundreds of ports worldwide
    • Shipping Containers: Utilizes thousands of standard and refrigerated (reefer) containers, predominantly green with the Evergreen logo, for global cargo transport

    Technology Platforms:

    • SVESSEL Smart Ship System: Provides instant access to onboard ship data for remote monitoring, diagnostics, and autonomous operations, enabling efficient and safe vessel management through cloud connectivity.

    Warehouses & Logistics Hubs

    Major Facilities:

    • Kaohsiung Container Terminal: Major transshipment hub located in Kaohsiung, Taiwan, serving as one of Evergreen Marine's largest and most important container terminals.
    • Colon Container Terminal: Key transshipment hub situated in Colón, Panama, facilitating cargo movement between the Americas and other global regions.

    Certifications:

    • ISO14064-1:2018: Specifies principles and requirements at the organization level for quantification and reporting of greenhouse gas (GHG) emissions and removals.

    Operational Capabilities:

    • TEU Volume: 2.6 million TEUs moved in Q1 2025
    • Revenue Growth: 23% year-on-year increase in Q1 2025 revenue
    • Operating Income Margin: 34.1% average over the past 5 years
    warehouses and logistics hubs showcasing modern distribution centers, automated facilities, and supply chain infrastructure

    Global Locations & Network

    Extensive global network connecting businesses worldwide with reliable logistics solutions.

    Geographic Scope:

    Evergreen Marine Corp. operates a global shipping network spanning over 110 countries and serving more than 315 ports, with major trade routes connecting Asia, Europe, the Americas, Africa, Australia, and the Middle East. Its large-scale operations utilize a fleet of over 210 container vessels and extensive inland logistics, making it one of the world’s leading container carriers by geographic reach and service capacity.

    Strategic Hubs:

    • Taipei, Taiwan: Evergreen Marine Corp.'s global headquarters directs worldwide operations, plans service routes, and manages personnel, serving as the strategic nerve center for the company's international shipping network.
    • Kaohsiung, Taiwan: As Evergreen's primary transshipment hub in Asia, Kaohsiung handles a significant portion of the company's container throughput, connecting major trade lanes across Asia, Europe, and the Americas.
    • Rotterdam, Netherlands: Rotterdam serves as Evergreen's main European gateway, facilitating high-volume container handling and distribution throughout Northern and Central Europe.
    • Los Angeles, USA: The Port of Los Angeles is a key North American hub for Evergreen, supporting large-scale trans-Pacific trade and providing critical access to the US market.
    • Singapore, Singapore: Singapore functions as a major Southeast Asian transshipment hub for Evergreen, offering extensive connectivity to global shipping routes and efficient cargo redistribution across the region.

    Partnerships:

    Evergreen Marine Corp. has formed strategic partnerships and alliances including a joint venture with PSA Singapore for a container terminal, collaborations with COSCO for the ESA service, participation in the Crowley/APL/Lykes alliance, and a slot exchange partnership with The New World Alliance.

    Carrier Partners & Alliances

    Strategic partnerships and alliances that enhance our global reach and service capabilities.

    Strategic Partnerships:

    PartnerType
    CMA CGMAlliance
    COSCO SHIPPINGAlliance
    OOCLAlliance
    PSA SingaporeJoint Venture
    Yang Ming Marine TransportAlliance

    Service Portfolio

    Comprehensive range of logistics and transportation services tailored to meet diverse customer needs.

    Core Services:

    • Marine Shipping & Transportation: Global container shipping services including cargo loading/unloading, marine transportation, and shipping agency across major international routes

    Value-Added Services:

    • Data-Driven Container Tracking: Provides real-time visibility into container locations and supply chain performance, enabling shippers to optimize operations, reduce costs, and improve delivery reliability.

    Industry Reputation & News

    Recognition and achievements that demonstrate our commitment to excellence and innovation.

    Recent Developments:

    • Strong Q1 2025 Financial Performance: Evergreen Marine Corp. reported a 23% year-on-year revenue increase and a 53% rise in net profit for Q1 2025, reflecting robust demand and improved operational efficiency.

    Analysis & Future Outlook

    Strategic vision and future initiatives that will shape the next generation of logistics services.

    Strengths:

    • Global Scale and Network: Evergreen Marine is one of the world's largest shipping companies, operating over 150 container ships and calling on 240 ports in about 80 countries, which provides it with a significant global reach and operational flexibility.

    Weaknesses:

    • Operational Safety Incidents: Evergreen Marine Corp. has experienced notable accidents, including ship collisions and equipment damage, sometimes attributed to poor judgment or inadequate monitoring, which can impact reputation and operational efficiency.

    Opportunities:

    • Green Fuel Technology Leadership: Evergreen Marine’s investments in LNG dual-fuel, methanol, and hydrogen-ready vessels position the company to capitalize on the growing demand for sustainable shipping and to lead in the transition to low-carbon maritime transport.

    Risks:

    • Debt and Liability Exposure: Evergreen Marine Corp. has significant liabilities due within a year and beyond, which could pose financial risk if not managed carefully, especially if market conditions worsen.

    Strategic Initiatives:

    • Green Fuel Transition Investments: Evergreen Marine is investing in LNG dual-fuel, methanol dual-fuel, and hydrogen-ready vessels, positioning itself to reduce emissions and adapt to future green fuel technologies.