NewsEvergreen chief admits carrier may have gone overboard on newbuildings

October 9, 2023by 0

Evergreen Marine Corp president Eric Hsieh has acknowledged that the company’s recent order for two dozen 16,000 teu methanol-fuelled ships may “be too much”, as the Covid-fuelled boom is over and liner operators are no longer making money every day.
On Friday, Mr Hsieh said the supply-demand imbalance would continue and 2024 would be challenging.
He also said methanol-propelled ships “did not mean zero emissions”, and Evergreen could explore hydrogen-powered ships, though …

The post Evergreen chief admits carrier may have gone overboard on newbuildings appeared first on The Loadstar.

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