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Thursday, November 26, 2020
Tags OOCL

Tag: OOCL

COSCO extends 74-vessel hire on bareboat terms

COSCO Shipping Lines (COSCON) is switching period charter contracts for 74 container ships in its fleet to bareboat charters. The ships, comprising 49 vessels of...

OOCL orders seven more ultra-large boxships

COSCO Shipping’s Hong Kong based subsidiary OOCL has ordered a further seven 23,000TEU container ships, following its order for five vessels in March of...

Far East-Australia demand pushes rates to levels not seen for a decade

Container freight rates from East Asia to Australia have reached a 10-year high, rising to over US$1,648/TEU as of 9 October 2020, according to...

Wan Hai wades into Pacific demand speculation as rates stay high

Wan Hai Lines president Tommy Hsieh expects Transpacific freight rates to remain high until at least the end of this year, even as container...

Demanding intra-Asia market sees OOCL boost Subcontinent services

OOCL will enhance its Indian Subcontinent product, namely the China India Express 3 (CIX3), aiming to provide more competitive and comprehensive services in its...

Ocean and 2M Alliances post Golden Week blank sailings

Maersk and MSC's 2M Alliance and Ocean Alliance, which is comprised of CMA CGM, COSCO, Evergreen and OOCL, have announced void sailings due to...

OOCL launches new China Straits services

OOCL has joined the rush to develop intra-Asia services with the introduction of two new loops, the China Straits Service 1 (CSS1) and China...

OOCL proceeds with mega-vessels order despite the pandemic challenges

Orient Overseas Container Line (OOCL) has announced it will follow its long-term plans and will proceed with its March order of five 23,000TEU container...

OOCL to launch new intra-Asia service

COSCO-owned carrier, Orient Overseas Container Line (OOCL) has introduced the new China Indonesia Philippines service (CIP), which is expected to launch in September 2020. The...

Volumes down and revenues up for OOCL

European shipper’s claims that the lines are manipulating capacity to drive up rates were given further support to their claims by the first half...
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Klinge Corp plans to ramp up reefer production

US based reefer container specialist the Klinge Corporation to ramp up production as demand for specialist low temperature containers is expected to grow with...

Stevedore’s action in Bilbao inflates APMT Gijon container traffic

A dockers strike in the Port of Bilbao has caused a significant increase in volumes that APM Terminals Gijon receives, exceeding its capacity and...

NWSA to open its upgraded container terminal in the next year

The Port of Seattle will complete the first phase of a modernised international maritime shipping facility at Terminal 5, a project funded jointly by...

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