Giant new container handling cranes have recently arrived at the Long Beach Container Terminal in California, awkwardly perched aboard a Shanghai Zenhua Shipping (ZPMC) heavy lift vessel. The new cranes...

By Mike Wackett Hong Kong-based OOIL saw its net profit slashed by 84% in 2013, compared with the previous year, to $47m as the influx of ultra-large containerships onto the...

APL, Maersk and OOCL on Tuesday announced a new cooperation on three existing Far East to Indian Subcontinent services beginning in February 2014.

By Gavin van Marle In a sign of just how weak the container shipping market has become this year, the parent company of Hong Kong-based box carrier OOCL yesterday announced...

SHANGHAI–Many in the shipping industry see a sluggish year ahead for Chinese exports, a cornerstone of the world’s No. 2 economy, despite other indications of growing demand for China’s products....

Orient Overseas Container Lines announced today the christening of two 13,208-TEU container ships, the M/V OOCL Brussels and the M/V NYK Helios, at a ceremony at Geoje Island Shipyard in South...

(Bloomberg) — Europe’s largest container lines are making an attempt to increase Asia-Europe rates to more than break-even levels and restore profit before year-end. Capacity cuts may boost their chance...

HONG KONG–Container shipper Orient Overseas (International) Ltd. (0316.HK) said Thursday it signed contracts to buy US$347 million worth of equipment from Shanghai Zhenhua Heavy Industries Co., a unit of China Communications Construction...

HONG KONG–Container shipper Orient Overseas (International) Ltd.’s (0316.HK) second-quarter revenue rose 10.6% from a year earlier, the Hong Kong-listed company said Friday, as freight rates and shipping volume rose during the...

Global containership company, Box Ships Inc, (NYSE: TEU), announced today that it took delivery of its ninth vessel, the OOCL China, a 5,344 TEU Post-Panamax containership built in 1996 at the Samsung shipyard...

HONG KONG -(Dow Jones)- Orient Overseas (International) Ltd. (0316.HK) plans to raise rates again for container shipments for the north-Europe-to-Asia route beginning June 15, the Hong Kong shipper said Wednesday, as...

HONG KONG (Dow Jones)–Orient Overseas (International) Ltd. (0316.HK) plans to further raise rates for container shipments on the North Europe to Asia route from May 15, the company said Thursday,...

HONG KONG -(Dow Jones)- Orient Overseas (International) Ltd. (0316.HK) plans to raise rates for container shipments between Asia and Australia from April 15, the Hong Kong-based shipper said Tuesday, as...

HONG KONG (Dow Jones)–Orient Overseas (International) Ltd. (0316.HK) said Monday it expects trading conditions in 2012 to remain tough as high fuel costs and oversupply of capacity continue to weigh...