Evergreen Marine gains new 20-year lease of Colon Container Terminal

Focus Taiwan
Date: 2016/06/15
By: Wei Shu and S.C. Chang

Taipei, June 15 (CNA) Taiwan’s Evergreen Marine Corp. said Wednesday that it has gained approval 201606150023t0001to extend its lease of the Colon Container Terminal (CCT) in Panama for another 20 years, days before President Tsai Ing-wen (蔡英文) heads there for the formal opening of the expanded Panama Canal.

Tsai is scheduled to visit Panama and Paraguay from June 24 to July 2, during which she will attend the inauguration of the expanded Panama Canal on June 26.

The new 20-year lease of the CCT was approved Wednesday by Panama’s Cabinet, Evergreen said in a news release.

Evergreen Marine, one of the world’s leading container shipping lines, said the 20-year extension of its CCT lease will help improve its service and efficiency and consolidate Panama’s status as a transshipment hub in the Americas.     [FULL  STORY]

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