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Evergreen Marine Corp Taiwan Ltd (2603.TW)

2603.TW on Taiwan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Evergreen Marine Corp Taiwan Ltd to issue 13th series domestic secured corporate bonds of up to T$8 bln
Thursday, 30 Mar 2017 05:50am EDT 

Evergreen Marine Corp Taiwan Ltd <2603.TW>: Says it will issue the 13th series domestic secured corporate bonds, worth up to T$8 billion . Says par value and issue price of T$100,000 for the bonds . Maturity period of five years and interest rate of up to 1.5 percent for the bonds .Proceeds to be used to repay bank loan and improve financial structure.  Full Article

Evergreen Marine Corp Taiwan says unit to sell containers for $49.9 mln
Wednesday, 15 Jun 2016 05:51am EDT 

Evergreen Marine Corp Taiwan <2603.TW>:Says its marine unit to sell 27,629 containers to BAS Finance Co., Ltd., at the price of $49.9 million, or T$1.62 billion.  Full Article

Evergreen Marine Corp (Taiwan) announces alliance with CMA CGM, COSCO Container Lines and Orient Overseas Container Line
Wednesday, 20 Apr 2016 05:04am EDT 

Evergreen Marine Corp (Taiwan) Ltd:Formed an alliance with CMA CGM, COSCO Container Lines and Orient Overseas Container Line in order to strengthen global transportation network.  Full Article

Evergreen Marine Corp (Taiwan) says no dividend payment for 2015
Tuesday, 29 Mar 2016 06:34am EDT 

Evergreen Marine Corp (Taiwan) Ltd:Says no dividend payment to shareholders for 2015.  Full Article

Evergreen Marine Corp (Taiwan) Ltd - Maersk, MSC, 13 other shipping firms to change pricing methods - EU - Reuters
Monday, 15 Feb 2016 10:54pm EST 

Evergreen Marine Corp (Taiwan) Ltd:Maersk, Swiss peer MSC and 13 other peers have offered to change their practices to settle a two-year EU antitrust investigation, the European Commission said on Tuesday - RTRS.The companies include CMA CGM, Evergreen Marine, Hapag Lloyd, China Ocean Shipping (Group) Company (COSCO), China Shipping, Hamburg Sud, Hanjin, OOCL (Orient Overseas Container Line), Mitsui OSK Lines (MOL), United Arab Shipping Company, Nippon Yusen Kaisha, Hyundai Merchant Marine and Zim.The Commission said the container liners offer to stop publishing and communicating generate rate increase announcements, which are changes to prices expressed as the amount or percentage of the change.Third parties have a month to provide feedback on the proposal before the EU competition authority accepts the offer without any finding of wrongdoing or possible fines.  Full Article

Evergreen Marine Corp (Taiwan) Ltd - Maersk, MSC, 13 others offer to settle EU pricing probe -sources - Reuters
Wednesday, 10 Feb 2016 06:38am EST 

Evergreen Marine Corp (Taiwan) Ltd:Maersk, MSC and 13 other firms have offered to change their pricing practices to settle an EU antitrust probe and stave off any fines, three people familiar with the matter said on Wednesday - RTRS.The European Commission opened an investigation into the companies, among the world's 18 largest shipping liners, in November 2013 following dawn raids in May 2011 - RTRS.The EU competition enforcer said the shipping companies may have been illegally orchestrating price hikes since 2009 via public announcements of rate increase plans on their websites and in the specialised trade press - RTRS.The companies have offered to publish binding actual rates a month before they go into effect, the people said. In some circumstances, the figures may act as a price cap. A third source said the offer applies only for short-term prices, not long-term ones or annual contracts - RTRS.The Commission is expected to seek feedback from third parties this week or next before deciding whether to accept the pledge and close the investigation - RTRS.The other companies involved are CMA CGM, Taiwan's Evergreen Marine, Germany's Hapag Lloyd HLAG.DE, China Ocean Shipping (Group) Company (COSCO), China Shipping CNSHI.UL, Hamburg Sud, South Korean firm Hanjin, OOCL (Orient Overseas Container Line) - RTRS.Japan's Mitsui OSK Lines (MOL), United Arab Shipping Company, Nippon Yusen Kaisha, Hyundai Merchant Marine and Israeli peer Zim, the sources said. - RTRS.  Full Article

Evergreen Marine Corp (Taiwan) subsidiary to buy container ships
Wednesday, 25 Nov 2015 05:00am EST 

Evergreen Marine Corp (Taiwan) Ltd:A sea transportation subsidiary to buy five container ships with amount of $180 million to $195 million, or T$5,854,500,000 to T$6,342,375,000, from Imabari Shipbuilding Co Ltd.  Full Article

Evergreen Marine Corp (Taiwan) subsidiary to buy container ships
Wednesday, 25 Nov 2015 04:59am EST 

Evergreen Marine Corp (Taiwan) Ltd:A sea transportation subsidiary to buy five container ships with amount of $180 million to $195 million, or T$5,854,500,000 to T$6,342,375,000, from Taiwan Shipbuilding Corp.  Full Article