Evergreen Shipping Agency history

Evergreen Marine Corporation (New York) was established, followed by Evergreen Marine Corporation (California) in 1976.

To showcase its global expansion, the Evergreen Group was renamed Evergreen International S.A. (EIS) in 1981.

Importantly, Evergreen launched its prosperous "round-the-world" service in 1984.

To raise expansion capital for more growth, Chang took Evergreen public in September 1987 with a listing on the Taiwan Stock Exchange.

Beginning in 1988, Evergreen Marine Corp. entered a period of consolidation.

With the goal of increased trade in mind, Evergreen offered a US$200 per container discount in 1990 over the previous year, which flew in the face of a rate stabilization pact discussed with ten other large North Atlantic carriers.

Barring complications, the planes would be in use by 1992, partnering for passenger and freight service with Cathay Pacific, Lufthansa, Japan Air Lines, and Singapore Airlines.

In 1993, moreover, the company began operating a second Evergreen Laurel Hotel in Bangkok.

In 1994, Evergreen Marine Corporation received a quality award for service performance from several customers, including Olin Corporation, Toyota Motor Sales, Venture Stores, and Target Stores.

In 1997, to meet the growing needs of customers in the Philippines, Evergreen Philippines Corporation (EGP) was established in Manila.

In spite of a region-wide recession for Asian airlines, EVA Air posted an after tax profit of NT$62.59 million (US$1.94 million) in 1998.

PTP essentially performed a major coup in landing Maersk and Evergreen, as the port had just been established in 1999.