Freight’s Global 100 Chang Yung-Fa Owner, Evergreen & EVA Air T


he charismatic founder of Evergreen is arguable the most multimodal operator on this list, given his ownership of both the world’s fourth largest


container shipping line, and EVA Air, which has regularly featured in the top 10 air cargo carriers in terms of flight tonne kilometres. He is known for his maverick opinions and for the


forthright way he expresses them, but he also has a well-deserved reputation for innovation.


For a number of years Evergreen was the world’s


largest container line. In 1984 he pioneered the first round-the-world


service, with two loops – one eastwards and one westwards – calling at each port once every 10 days. Another example is his investment in Colon


Container Terminal in Panama. Although Evergreen has generally shied away terminal operations, he saw the strategic value at the canal’s Atlantic mouth.


Ma Zehua Chairman, Cosco


changing of the guard. Although the charismatic Wei has retained his


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position as the company’s chairman, he was forced to relinquish the day-to-day running of the company to Ma Zehua, after Cosco was caught out by the devastating fall in freight rates being seen in the dry bulk sector


he most prominent executive in Chinese shipping was, until recently, Cosco’s Captain Wei Jiafu, but a crisis in its dry bulk shipping arm has led to a


The company had chartered-in around 50% of its


fleet at record charter rates in 2008, leading to heavy losses this year. In contrast Ma, who joined recently from fellow


state-owned shipping giant China Shipping Development, had steered his company through the recession with continuing profitability. With China now an established economic power,


there remain considerable scope for Cosco to further expand its market share and global presence.


Alberto Alemán Zubieta CEO, Panama Canal Authority


on this list by virtue of the effect that it will have on global sea freight when it is completed in 2014. In fact, it is little short of incredible that the


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$5.3 billion project should have come about so soon, given that it was only in 1999 that the US gave control of it to Panama.


he expansion of the Panama Canal is one of the signature infrastructure projects of the 21st century, and the man behind should take a place


In the short space of time since, Aleman has


managed to treble revenues from the canal and made it the primary source of income for the country. The expanded canal will allow vessels up to


12,500teu to pass through its locks, unlocking huge amounts of trade between the east coasts of North and South America and Asia is likely to fundamentally change trading patterns in the western hemisphere.


IFW-Lloyd’s Loading List | Freight’s Global 100 | 2012 37


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