Evergreen Marine Corporation (Chinese: 長榮海運) (LSE: EGMD TWSE: 2603), is a Taiwanese container transportation and shipping company headquartered in Luzhu District, Taoyuan City, Taiwan.[5] Its principal trading routes are the Far East to North America, Central America and the Caribbean; the Far east to northern Europe and the east Mediterranean; Europe to the east coast of North America; the Far East to Australia, Mauritius, South Africa and South America; and an intra Asia service linking ports in Asia to the Middle East, Persian Gulf and the Red Sea.[6]

With over 150 container ships it is part of the Evergreen Group conglomerate of transportation firms and associated companies.

Evergreen calls on 240 ports worldwide in about 80 countries, and is the fifth largest company of its type, ranked behind Maersk, Mediterranean Shipping Company, CMA CGM, and China COSCO Shipping (in order).

The company's activities include: shipping, construction of containers and ships, management of ports, and engineering and real estate development. Subsidiaries and divisions include Uniglory Marine Corp. (Taiwan), Evergreen UK Ltd. (UK), and shipping company Italia Marittima S.p.A. (Italy).

In 2007, Hatsu, Italia Maritima, and Evergreen were merged into the single "Evergreen Line."

The majority of Evergreen's shipping containers are painted green with the word "Evergreen" placed on the sides in white letters.

Uniglory containers are similarly painted and marked, but those containers are bright orange.

Evergreen's refrigerated "reefer" containers have a reverse color scheme (white containers with green lettering).

https://en.wikipedia.org/wiki/Evergreen_Marine

http://articles.orlandosentinel.com/2005-08-27/news/EVERGREEN27_1_evergreen-boyd-securities-fraud

More than four years after Orlando's Evergreen Security Ltd. erupted in scandal, one of the masterminds of the biggest consumer fraud in Florida history has been sentenced to prison and ordered to repay almost $125 million.

Robert W. Boyd, a former Evergreen Security executive, was sentenced this week to 37 months in federal prison, to be followed by three years' probation, according to the U.S. Middle District Court in Tampa. He must pay at least $25 a month in restitution while imprisoned and $200 a month after his release.

Boyd pleaded guilty three years ago to securities fraud for his part in the Evergreen scam, which swindled almost 2,000 investors worldwide out of an estimated $214 million in the 1990s. He is one of a half-dozen figures connected with the case to do prison time.

Although technically based in the British Virgin Islands, Evergreen Security operated out of a downtown Orlando office tower for most of the '90s and involved a number of local financial advisers, brokers and lawyers.

DEFINITION of 'Evergreen Funding'

BREAKING DOWN 'Evergreen Funding'

Evergreen funding takes its name from coniferous evergreen trees, which keep their leaves and stay green throughout the entire year rather than losing them during winter. Similarly, evergreen funding means capital is provided throughout the seasons of a company's development

Evergreen funding is the gradual infusion of capital into a new or recapitalized enterprise. This type of funding differs from the traditional funding situation in which all the capital required for a business venture is supplied up-front by venture capitalists or other investors as part of a private funding round. When the money is provided upfront, the company then invests in short-term, low-risk securities until it is ready to use the money for business operations. With evergreen funding, capital is provided on a schedule or upon request by the investment team to the management of the company. Evergreen funding has also been used to describe a revolving credit arrangement in which the borrower periodically renews the debt financing rather than having the debt reach maturity. In this sense, lines of credit and overdrafts are types of evergreen funding as the borrower applies for it once and then is not required to reapply again to access the credit within at a later date. Evergreen funding is distinct from an evergreen fund. An evergreen fund is an investment fund that has an indefinite fund life, meaning that investors can come and go throughout the life of the fund.

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