Container line Orient Overseas Container Line (OOCL) has enhanced its intra-Asia network with the introduction of two new services, namely the Indonesia Thailand Straits Service (ITS) and Vietnam Johor Straits Service (VJS).
The 13,926 teu OOCL France has become the largest capacity vessel to transit the expanded Panama Canal to date.
The record for the world’s largest containership has fallen for the third time in just two months with Orient Overseas Container Line (OOCL) smashing the 21,000 teu barrier.
The advent of e-commerce and its increasing popularity on a global scale have prompted container carrier Orient Overseas Container Lines (OOCL) to evaluate and relook at potential partnerships with online retail giants, according to Andy Tung, ceo of OOCL.
Excess capacity in shipping and offshore will not go away “in a hurry” due to the sectors having witnessing a prolonged period of having access to “too much cheap money”, according to Piyush Gupta, ceo of DBS Group.
The Sea Asia Global Forum will kick-off the conference sessions at Southeast Asia’s largest maritime event on 25 April with top international executives discussing global shipping and energy markets.
Hong Kong's Orient Overseas (International) Ltd, the parent of Orient Overseas Container Line (OOCL) turned in a $219.2m loss for 2016, but is upbeat on the coming year as member of the Ocean Alliance.