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Oocl News

Sudden megamax buying binge sees boxship orderbook to fleet ratio nudge past 10%Sudden megamax buying binge sees boxship orderbook to fleet ratio nudge past 10%A total of 25 giant megamax containerships were ordered in Q4 last year, nudging the boxship orderbook to fleet ratio into double-digit territory for the first time in a long time, according to data from Alphaliner.06 January 2021 Wednesday 14:08
OOIL Ready for Potential HeadwindsOOIL Ready for Potential HeadwindsCOSCO-owned transport and logistics company Orient Overseas (International) Limited (OOIL) wrapped up 2019 with a significant earnings growth despite market uncertainties.24 March 2020 Tuesday 13:30
OOCL Orders Five 23,000 TEU Giants in ChinaOOCL Orders Five 23,000 TEU Giants in ChinaHong Kong-based container shipping and logistics service company Orient Overseas Container Line Limited (OOCL) has ordered five 23,000 TEU boxships at COSCO Shipping yards in China.11 March 2020 Wednesday 14:20
COSCO, OOCL, ONE and Yang Ming to Set Up New Transatlantic ServiceCOSCO, OOCL, ONE and Yang Ming to Set Up New Transatlantic ServiceAsian shipping giants COSCO Shipping Lines, Orient Overseas Container Line (OOCL), Ocean Network Express (ONE) and Yang Ming are to launch a new weekly Transatlantic service, the new East Mediterranean – America service (EMA).06 February 2020 Thursday 14:23
Ocean Alliance Unveils Day 4 Product Deploying 325 BoxshipsOcean Alliance Unveils Day 4 Product Deploying 325 BoxshipsThe Ocean Alliance partners have presented their new service offering which would see the shipping majors deploy a total of 325 containerships.09 January 2020 Thursday 16:54
OOCL to withdraw several Europa-Asia sailingsOOCL to withdraw several Europa-Asia sailingsIn response to the expected low demand in the market, OOCL announces the withdrawal of the following Asia-Europe sailings:11 December 2019 Wednesday 11:05
OOCL to withdraw several sailingsOOCL to withdraw several sailingsIn response to the expected low seasonal demand, OOCL announces the withdrawal of the following Trans-Pacific sailings:29 October 2019 Tuesday 15:06
OOCL to withdraw Trans-Pacific sailingsOOCL to withdraw Trans-Pacific sailingsIn response to the expected low seasonal demand, OOCL announces the withdrawal of the following Trans-Pacific sailings:13 September 2019 Friday 11:27
OOCL to withdraw Asia-Europe sailingsOOCL to withdraw Asia-Europe sailingsIn response to the expected low demand in the market, OOCL announces the withdrawal of the following Asia-Europe sailings on top of those announced on August 30:09 September 2019 Monday 11:22
OOCL to Launch New Asia-South Africa ServicesOOCL to Launch New Asia-South Africa ServicesOrient Overseas Container Line (OOCL) has announced the introduction of three new Asia-South Africa services that include direct calls to ports such as Durban, Cape Town and Port Elizabeth.19 November 2018 Monday 13:02
Pledging to Sell Long Beach Terminal, COSCO Clears U.S. Hurdle on OOCL DealPledging to Sell Long Beach Terminal, COSCO Clears U.S. Hurdle on OOCL DealCosco 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 of Orient Overseas International Ltd. announced last year.09 July 2018 Monday 13:13
Investors Nervous as Doubts Raised Over COSCO Takeover of OOCLInvestors Nervous as Doubts Raised Over COSCO Takeover of OOCLCOSCO’s $6.3bn takeover of Orient Overseas International (OOIL), parent of container line OOCL, is now in doubt, according to Alphaliner.14 June 2018 Thursday 14:15
OOCL and Microsoft to Develop Artificial Intelligence Applications for the Shipping IndustryOOCL and Microsoft to Develop Artificial Intelligence Applications for the Shipping IndustryHong 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.25 April 2018 Wednesday 12:15
Trump Administration Scrutinizes COSCO Bid for OOCLTrump Administration Scrutinizes COSCO Bid for OOCLChinese shipping conglomerate COSCO is seeking to purchase Overseas Orient Container Lines (OOCL), but if it wants approval from the Trump administration for the merger, it may have to spin off OOCL's valuable Long Beach Container Terminal.24 April 2018 Tuesday 16:14
COSCO Shipping’s Takeover of OOCL to Close by End-June, Vice Chairman SaysCOSCO Shipping’s Takeover of OOCL to Close by End-June, Vice Chairman SaysCOSCO Shipping’s planned acquisition of Orient Overseas Container Line (OOCL) is on track to be completed by the end of June, the company’s vice chairman Huang Xiaowen said on Tuesday.04 April 2018 Wednesday 14:09
OOCL Needed Cash and COSCO’s ‘Weight’ to Compete with Mega-CarriersOOCL Needed Cash and COSCO’s ‘Weight’ to Compete with Mega-CarriersOOCL was too small to compete with mega-carriers and needed access to a large capital base to succeed, its chairman said today.08 August 2017 Tuesday 10:58
COSCO Acquisition of OOCL Still Faces ‘Degree of Uncertainty’COSCO Acquisition of OOCL Still Faces ‘Degree of Uncertainty’Cosco Shipping Holdings resumed trading on the Shanghai Stock Exchange (SSE) today, more than two months after its shares were suspended on the bourse.27 July 2017 Thursday 13:38
OOCL opts for Shell lubes and services for world's largest box shipOOCL opts for Shell lubes and services for world's largest box shipShell Marine is to provide Orient Overseas Container Line (OOCL) with its integrated marine solutions, which include lubricants and services, for the 21,413 TEU OOCL Hong Kong, the latest vessel to claim the title of "world's largest containership."21 July 2017 Friday 14:42
Shanghai Stock Exchange questions Cosco over OOCL takeover dealShanghai Stock Exchange questions Cosco over OOCL takeover dealShanghai Stock Exchange has sent an inquiry letter to China Cosco Shipping Holdings, demanding more details on the company's recent offer to take over Hong Kong's OOIL.20 July 2017 Thursday 14:29
Drewry: COSCO-OOCL Entity Would Be World’s 3rd Largest CarrierDrewry: COSCO-OOCL Entity Would Be World’s 3rd Largest CarrierThe latest shipping market combination between COSCO Shipping Holdings and Orient Overseas International Lines (OOIL) would become the world’s third largest container carrier if finalized, according to shipping consultancy Drewry.11 July 2017 Tuesday 13:49
OOIL Denies Reports on OOCL Sale TalksOOIL Denies Reports on OOCL Sale TalksOrient Overseas International Ltd (OOIL) has refuted media reports which inform that the company is involved in talks to sell its subsidiary Orient Overseas Container Line (OOCL).21 June 2017 Wednesday 14:52
OOCL, Evergreen Suspend Services to/from Qatari PortsOOCL, Evergreen Suspend Services to/from Qatari PortsContainer carriers Orient Overseas Container Line (OOCL) and Evergreen Line, members of the newly formed OCEAN Alliance, have suspended services to Qatar after a number of Arab countries cut diplomatic and trading ties with this Middle Eastern country.11 June 2017 Sunday 00:01
OOCL Christens 21,413 TEU OOCL Hong KongOOCL Christens 21,413 TEU OOCL Hong KongHong Kong-based container carrier Orient Overseas Container Line (OOCL) held a naming ceremony for the 21,413 TEU OOCL Hong Kong at Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea, on May 12.15 May 2017 Monday 09:35
Volumes Rise in OOCL’s ServicesVolumes Rise in OOCL’s ServicesHong Kong-based container carrier Orient Overseas Container Line (OOCL) has had an encouraging start to the year as it reported an increase of 7 percent in its total volumes during the first quarter ended March 31, 2017.01 May 2017 Monday 10:20
Orient Overseas Says It’s Not Aware of Any Bids for OOCLOrient Overseas Says It’s Not Aware of Any Bids for OOCLHong 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 the week that China COSCO Shipping and others were circling with bids.21 January 2017 Saturday 13:55
OOCL Owners Waiting For the Offer They Can’t RefuseOOCL Owners Waiting For the Offer They Can’t RefuseThe share price of Orient Overseas (International) Limited (OOIL), parent company of the container carrier Orient Overseas Container Line (OOCL), continues to trade at a significant discount to book value despite a recent price surge that came amidst spec18 January 2017 Wednesday 11:22
CMA CGM tipped to take over OOCLCMA CGM tipped to take over OOCLFrance’s CMA CGM, fresh from gobbling up Neptune Orient Lines (NOL), is being widely tipped to be the suitor to take over Hong Kong’s Orient Overseas Container Line (OOCL), the world’s eighth largest liner.13 January 2017 Friday 10:00
OOCL takeover talk picks upOOCL takeover talk picks upSpeculation over Orient Overseas Container Line (OOCL) being up for sale has seen the share price of its parent firm soar more than 20% since the start of the year. It closed up another 10 cents today on the Hong Kong Stock Exchange to finish at HK$38.7511 January 2017 Wednesday 11:42
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