Orient Overseas Container Line (OOCL) will introduce two new Asia to South America East Coast and the Caribbean direct services beginning in June 2019.
Orient Overseas (International) Limited (OOIL) has sold its Long Beach Container Terminal (LBCT) for $1.78bn to a consortium led by Macquarie Infrastructure Partners (MIP).
THE Alliance and members of the Ocean Alliance are merging two Meditterranean – US East Coast services.
Major container lines Ocean Network Express (ONE), Orient Overseas Container Line (OOCL) and APL all say that the costs of complying with the 2020 low sulphur cap will have to be passed onto customers.
Building ahead of demand, the recent port call of the 8,063 teu OOCL Seoul has shown that the foresight of International Container Services Inc (ICTSI)’s Victoria International Container Terminal (VICT) at the Port of Melbourne is paying off as bigger vessels are now starting to be cascaded into the Asia-Australia trades.