Hong Kong shipping line Orient Overseas Container Line, is trotting out its fleet of megaships at a steady pace, and at the same time setting world records and looking set once again to time the market correctly.
A "slow and steady recovery from the tough market conditions that characterised 2016" helped bring Orient Overseas (International), the parent group of Hong Kong-based Orient Overseas Container Line (OOCL) back to a $53.6m profit from a $56.7m net...
Orient Overseas Container Line (OOCL) has increased its lifting volumes in the first half of 2017 compared to the year-ago period, according to an operational updated from the carrier’s parent firm Orient Overseas (International) Limited (OOIL).
Shell is providing marine lubricants for the world’s largest containership the OOCL Hong Kong.
China Cosco Shipping Corporation Limited (Cosco Shipping) has offered to acquire Orient Overseas (International) Limited (OOIL) at a price of $6.3bn, confirming earlier rumours of the takeover deal that has been circulated since January this year.
The extended shares trading suspension of Cosco Shipping Holdings prompting media reports of an imminent acquisition of Orient Overseas Container Line (OOCL) have thus far turned out to be “unsubstantiated speculations” and an actual deal “is...
A call by the 21,413 teu OOCL Hong Kong - claimed to be the world’s largest container ship - has marked OOCL’s return after an absence of 17 years to the UK’s Port of Felixstowe, owned by fellow Hong Kong-based group Hutchison Ports.
Orient Overseas International Ltd (OOIL) has again denied media reports that cited sources as saying that China’s Cosco Shipping is preparing to acquire its container shipping unit Orient Overseas Container Line (OOCL).
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.