2013-12-17-evergreen-lineJERSEY CITY, NJ (December 11, 2013) -- The EVER LOTUS, the 15th of Evergreen Line's L-type vessels built by Samsung Heavy Industries, was delivered today to the Evergreen Group, just one day following the naming ceremony for the 8,452-TEU container vessel. The naming ceremony was officiated by Raymond Lin, Vice Group Chairman of Evergreen Group. Ms. Ku Lai, Mei-Hsueh, Executive Vice President of Evergreen International Corp's Financial Division, performed the official rope-cutting, wishing the new ship fair winds and safe voyages.

In his speech Mr. Lin said, "The naming ceremony today has a very special meaning. Lotus is a flower blooming on the water; so our newest vessel has a name that is symbolic. She will always sail the seas in full bloom. That is to say, fully loaded and bringing prosperous business to Evergreen Group." EVER LOTUS is owned by Greencompass Marine SA (GMS), EMC's Panamanian subsidiary. After her delivery today, she will join Evergreen Line's Far East - Europe route, replacing an older vessel.

Evergreen commenced its fleet rejuvenation program with the ordering of 30 8,000 TEU L-type containerships when shipbuilding costs returned to sustainable levels in 2010. Besides, in order to meet the vessel demands of the joint venture agreements with its strategic partners, Evergreen has also chartered five 8,800 TEU ships and ten 13,800 TEU vessels. The delivery schedule of the vessels started in July 2012 and will be completed during the first half of 2015.

Of the 45 new vessels, 24 have joined Evergreen's services with the delivery of EVER LOTUS. The fleet will receive another 18 newbuildings in 2014 and the remaining three ships in 2015. To complete the fleet renewal program, the new vessels entering service will be balanced by a gradual redelivery of 54 chartered vessels as the terms of their charters expire.

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