Evergreen buys Panama Terminal for $268 million

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The latest news from Coscline, the world’s sixth largest shipping company Evergreen Shipping has acquired the entire stake in Panama Terminals to strengthen its business in the Americas and improve its competitive advantage. Evergreen has acquired a 100 percent stake in Colon Container Terminal SA (CCT) for $268 million from its affiliate, Hsieh Huey-chuan, president …

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The Port of Oakland in the United States was on strike, many container terminals were forced to close, and the supply chain was interrupted!

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Coscline learned that on Wednesday morning, dock workers at the Port of Oakland on the west coast of the United States suddenly went on strike. Many container terminals including Everport, TraPac, OICT and Howard were closed, and terminal operations were completely suspended! There is currently a major disruption to the supply chain, setting off a …

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