Evergreen Marine Corporation Ltd. acquired 10% stake in Charing Yang Development Co for TWD 450 million.

Evergreen Marine Corp Taiwan Ltd is a Taiwan-based company mainly engaged in the cargo container shipping business. The Company is engaged in the regular container shipping business, and the provision of ancillary logistics services such as wharf handling services and inland transportation services. The Company is also engaged in the provision of related services through operating an e-commerce website. The operating routes include transpacific routes, Far East-Europe routes and Mediterranean routes, Far East-Central and South America routes and African routes, Far East-Middle East routes, Red Sea routes, India and Pakistan routes and Australia routes, as well as Asian offshore routes. The Company operates in Taiwan, the Americas, Europe and Asia markets.