Credit Suisse First Boston said in a report on Evergreen Marine Corp. that the company sold two ships in December, making a disposal gain of about NT$600 million ($17 million), following the sale of four ships earlier last year.
The sale of the ships allowed the company to raise its post-tax profit last year to NT$1.7 billion ($48 million), from NT$1.3 billion in 2000, despite a fall in revenue.
A spokesman for Evergreen Marine Corp. said the six disposed ships are four 1,810-TEU “L type” containerships and two 3,428-TEU “GX” vessels.
The ships were all sold and chartered back by Evergreen Marine Corp.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now