Orient Overseas Container Line (OOCL) has recorded higher lifting volumes in the third quarter ended 30 September 2014, boosted by strong contributions from the Asia-Europe trade.

As the losses mount year on year it can be difficult for companies to find a successful strategy to get back on an even keel again. One strategy can be to sell assets or divisions of the group as a whole.

Proving that not all Asian container lines are doing badly, Hong Kong-based Overseas Orient (International) Ltd, the parent of Orient Overseas Container Line (OOCL) turned spectacularly to a net profit of $181.3m from a loss of $15.3m in the...

Hong Kong line Orient Overseas Container Line (OOCL) had a good second quarter with total volumes rising 11.2% to 1.45m teu  from 1.31m teu previously. Total revenues also increased by 6.8% to $1.50bn from $1.41bn in the second quarter of last year.

Hong Kong container line Orient Overseas Container Line (OOCL) christened the tenth and last in the current series of its 13,208-teu mega-class newbuildings at Samsung Heavy Industry's yard in Geoje Island this week.

Hong Kong's Orient Overseas Container Line (OOCL) had a sterling first quarter with total volumes rising 8.9% to 1.4m teu from 1.2m teu in the same period last year.

The G6 Alliance members have released the proposed port rotations for the expansion of Asia-North America West Coast and Trans-Atlantic services.

Hong Kong's Orient Overseas Container Line (OOCL) reported 10% higher volumes lifted for the fourth quarter of 2013 rising to 1.4m teu from 1.3m teu in the same period last year, the company said in a stock market announcement.

Orient Overseas Container Line (OOCL) is raising container freight rates from Southeast Asia, Indian sub-continent and the Middle East to Australia from early next year.

The G6 alliance is to pull eight Asia-Europe sailings over the winter in response to an anticipated fall in demand.