By Mike Wackett (The Loadstar) – Orient Overseas (International) (OOIL), parent company of OOCL, has posted a net profit of $2.8bn for the half-year – far and away the best interim result...

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 Coast to avoid congestion at...

By Mike Wackett (The Loadstar) – Cosco subsidiary Orient Overseas (International) Q2 figures from its container arm, OOCL, give an early indication of some spectacular earnings to come from the liner industry...

By Mike Wackett (The Loadstar) – A very strong fourth-quarter 2020 operational update from OOCL is an indicator of the rich vein of profitability enjoyed by the liner industry since the middle...

Hong Kong-based container shipping company Orient Overseas Container Lines has placed shipbuilding orders for seven additional 23,000 TEU megaships at Chinese yards. The shipbuilding contracts, worth more $1.1 billion in...

By Bloomberg News (Bloomberg) — Cosco Shipping Holdings Co. pledged to sell a container terminal in California, helping allay concerns of U.S. regulators and clearing the way for its $6.3 billion acquisition...

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 Artificial Intelligence research in the shipping industry....

By Brenda Goh SHANGHAI, April 3 (Reuters) – COSCO Shipping’s planned acquisition of Orient Overseas Container Line (OOCL) is on track to be completed by the end of June, the...

One of the world’s largest containerships docked at the EUROGATE Container Terminal in Wilhelmshaven, Germany on Monday during its maiden voyage from China to Northern Europe. The 21,413 TEU OOCL...

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 today. OOCL returned...

By Mike Wackett (The Loadstar) – Cosco Shipping Holdings resumed trading on the Shanghai Stock Exchange (SSE) today, more than two months after its shares were suspended on the bourse....

Orient Overseas Container Line (OOCL), one of the world’s largest integrated international container transportation, logistics and terminal companies, has appointed Shell Marine to provide its integrated marine solutions, which include...

By Jonathan Saul LONDON, June 7 (Reuters) – Taiwan’s Evergreen and Hong Kong’s OOCL said on Wednesday they had suspended shipping services to Qatar after Arab countries severed diplomatic ties...

Less than two months after the MOL Triumph earned the title of the world’s largest containership by carrying capacity as the first ship to cross the 20,000 TEU mark, a...

SHANGHAI, Jan 20 (Reuters) – Hong Kong-listed shipper Orient Overseas International Ltd said on Friday it had not received any bids for its subsidiary OOCL, following media reports earlier in...

By Gavin van Marle (The Loadstar) – CMA CGM and China Cosco are the two most likely carriers to buy OOCL, should its main shareholders decide to sell the company,...

By Mike Wackett (The Loadstar) – The Ocean Alliance, which next April will be the biggest of the three vessel-sharing alliances, has published its pro-forma network, including port rotations for...

By Brenda Goh and Gus Trompiz SHANGHAI/PARIS, April 20 (Reuters) – China COSCO Shipping and France’s CMA CGM sought to reinforce their growing global scale in the container line market...

By Jennifer Oldham and Matthew Winkler (Bloomberg) — Seven hundred miles from the nearest ocean in Utah, the nation’s second-most arid state, Orient Overseas Container Line Inc. manages shipments through...

[contextly_sidebar id=”ZSOfcddaqQ4CioAklmhvvzUX1aKPD8Um”]Last year the Massive 2,992 TEU, 245 meter, containership OOCL Belgium was caught in the middle of the North Atlantic this week experiencing first-hand winter storm “Hercules“, a huge low...