Introduction to Evergreen Marine Corp.
The Evergreen Marine Corp. was founded by Dr. Chang Yung-Fa on September 1, 1968. Primary business activities included domestic and international sea freight, shipping agent and, container terminal operations with the network of services covering the five continents of the world. Since establishment, Evergreen Marine has set many milestones in the shipping industry, including being the first shipping company in Taiwan to establish regular fully containerized shipping lines between the Far East and the U.S. East Coast, establishing the world's first-ever regular fully containerized round-the-world shipping lines in the east-west direction, and becoming the No.1 container shipping company in the world. As a cargo shipping company, Evergreen Marine regards itself as a "connector of a better life" to satisfy consumers' needs. Therefore, in addition to continuing to improve our operation and development through alliances, joint operations of routes, and slow exchange, we are committed to the development of new environmental protection ships, talent cultivation, ethical management, establishment of e-commerce platforms, and joining international initiatives, to actively respond to international environmental regulations and trends.
In the course of the sustainable development, Evergreen Marine, as a "guardian of the green earth", has taken the initiative to participate in a number of environmental protection programs, such as low-speed sailing to reduce greenhouse gas emissions, and in turn to improve the air quality in the surrounding environment of the ports. This can also reduce the risk of collisions between ships and large marine creatures, such as blue whales, humpback whales, and fin whales, thus contributing to the restoration of marine life. Guided by our corporate philosophy of “creating profits, caring for employees, and giving back to society,” and dedicated efforts to achieve the business scale today together with all our partners and employees, Evergreen Marine aims to stay up-to-date with the changing world in the spirit of “taking on challenges, innovation, teamwork” and will continue to make a contribution to the world by promoting the development of trade through the provision of reliable transportation services. For more information about the history of Evergreen Marine, please refer to our official website.
Organization Overview
Evergreen Marine Corp. was officially formed on September 25, 1968. Approval for becoming a public company was granted by the Securities and Futures Commission (SFC) of the Ministry of Finance on November 2, 1982. SFC approval for Category A listing was granted on July 6, 1987, and Evergreen Marine was officially listed on the Taiwan Stock Exchange on September 21 of the same year. Our main business and services include the domestic and international sea freight, shipping agency, and operation of container terminals.
Evergreen Marine organization chart
Evergreen Marine basic information
| Name | Evergreen Marine Corp. |
|---|---|
| Location of headquarters | 1F-4F, No. 166, Sec. 2, Minsheng E. Rd., Zhongshan Dist., Taipei City 104, Taiwan (R.O.C) |
| Industry | Shipping industry |
| Primary business | Shipping carrier / shipping agent / container terminal operations |
| Quantity of Products / services provided | 7,054,400 TEU (standard 20' shipping container) |
| Number of employees | 2,009 |
| Local and overseas offices | Primary base of operations is Taiwan; 313 bases overseas |
| Capital (NT$ thousand) | 52,908,484 |
List of Major Shareholders
| Shareholder's Name | Shareholding | |
|---|---|---|
| Shares | Percentage | |
| Evergreen International S.A. | 391,786,816 | 7.40% |
| Evergreen International Corp. | 262,411,866 | 4.96% |
| Chang, Yung-Fa | 173,363,656 | 3.28% |
| Chang, Kuo-Hua | 159,846,157 | 3.02% |
| Cathay United Bank. Trust Account - Chang, Kuo-Hua | 159,800,000 | 3.02% |
| Chang, Kuo-Ming | 77,349,371 | 1.46% |
| Yuanta/P-shares Taiwan Dividend Plus ETF Account | 58,916,031 | 1.11% |
| Bank SinoPac as Custodian ALLY HOLDING LTD. Investment Account | 51,229,105 | 0.97% |
| Cathay United Bank. Trust Account - Yang, Mei-Chen | 47,176,327 | 0.89% |
| Chen, Hui-Chu | 39,367,531 | 0.74% |
Fleet size
At the end of 2020, Evergreen Marine operated a total of 193 fully containerized ships with a capacity of 1,272,000 TEU. The main ship types by build year are as follows:
Service network
Evergreen Marine now has a worldwide service network stretching across five continents, with a total of 150 service loops or more. Among the bottom 20 countries in the Corruption Perceptions Index by Transparency International in 2020, the Group made a total of 130 port calls in Cambodia, 50 in Haiti, and 30 in Iraq. No corruption and bribery during said port calls were reported.
