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Evergreen Marine to expand fleet with 12 new container ships

An Evergreen ship at the Port of Tacoma

Taiwan’s Evergreen Marine Corp plans to expand its fleet to cope with a recovery in container shipping since the end of the global economic crisis, a newspaper said Tuesday. Evergreen, the world’s fourth-largest maritime shipping company, plans to buy at least a dozen vessels that can carry 7,000 to 8,000 standard-sized shipping containers, the Economic Daily News reported. A company executive said Evergreen expected an improved business climate as the global economic crisis eases, particularly since China’s free-trade agreement with the Association of South-East Asian Nations took effect on January 1. Evergreen has 150 container ships and hopes to eventually become the world’s largest shipping line.