OOCL CFO Says It’s Impossible To Decouple From China
As geopolitical tensions rise, businesses are exploring alternatives to China for production and diversification, yet China’s vast influence in global
As geopolitical tensions rise, businesses are exploring alternatives to China for production and diversification, yet China’s vast influence in global
By Mike Wackett (The Loadstar) – The first evidence of the depth of the liner shipping freight rate correction comes with the Q1 operational numbers
Hong Kong-based container shipping line Orient Overseas Container Line (OOCL) has welcomed its first new ‘megaship’ with the naming ceremony of the
By Mike Wackett (The Loadstar) – THE Alliance members Hapag-Lloyd, ONE, Yang Ming and HMM have finalised their April network plans, which feature
By Mike Wackett (The Loadstar) – The Q3 ocean carrier reporting season has kicked off with OOCL’s third-quarter turbo-charged operational numbers.
By Mike Wackett (The Loadstar) – Container spot rates from China to Middle East and intra-Asia routes are reported to have “collapsed” this week,
By Mike Wackett (The Loadstar) – Ocean carrier average rates per teu appear to have plateaued in the second quarter, as contract rate increases are
By Mike Wackett (The Loadstar) – OOCL’s first-quarter operational numbers not only confirm the unflagging colossal profitability of the liner
By Gavin van Marle (The Loadstar) – Huge increases in freight rates last year are likely to lead to container carriers reporting record fourth-quarter
By Mike Wackett (The Loadstar) – Orient Overseas (International) (OOIL), parent company of OOCL, has posted a net profit of $2.8bn for the
Hong Kong-based Orient Overseas Container Line (OOCL) has become the first ocean carrier to offer a new rail-sea service connecting China with the U.S. East
By Mike Wackett (The Loadstar) – Cosco subsidiary Orient Overseas (International) Q2 figures from its container arm, OOCL, give an early indication of
By Mike Wackett (The Loadstar) – A very strong fourth-quarter 2020 operational update from OOCL is an indicator of the rich vein of
Hong Kong-based container shipping company Orient Overseas Container Lines has placed shipbuilding orders for seven additional 23,000 TEU megaships at Chinese
By Bloomberg News (Bloomberg) — Cosco Shipping Holdings Co. pledged to sell a container terminal in California, helping allay concerns of U.S.
Hong Kong-based shipping company Orient Overseas Container Line (OOCL) has teamed up with Microsoft’s research arm in Asia to advance the application of
By Brenda Goh SHANGHAI, April 3 (Reuters) – COSCO Shipping’s planned acquisition of Orient Overseas Container Line (OOCL) is on track to be
One of the world’s largest containerships docked at the EUROGATE Container Terminal in Wilhelmshaven, Germany on Monday during its maiden voyage from
By Mike Wackett (The Loadstar) – OOCL was too small to compete with mega-carriers and needed access to a large capital base to succeed, its chairman said
By Mike Wackett (The Loadstar) – Cosco Shipping Holdings resumed trading on the Shanghai Stock Exchange (SSE) today, more than two months after its
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