NewsEvergreen profits up three-fold after rates hit post-Covid highs

March 14, 2025by 0

Evergreen yesterday reported a 2024 net profit up more than three-fold from 2023, at TW$139.45bn ($4.25bn).
The carrier reported revenue for 2024 up 68% year on year, to TW$463.6bn ($14.1bn), as the Red Sea crisis drove freight rates to post-Covid highs.
The Taiwan liner operator also disclosed in a Taiwan Stock Exchange filing that it had purchased a 20,000 teu containership it had on long-term charter from Sun Lanes Shipping, a Panama-registered …

The post Evergreen profits up three-fold after rates hit post-Covid highs appeared first on The Loadstar.

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