Tags OOCL
Tag: OOCL
KMTC Line moves into East African market
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South Korean feeder operator Korea Marine Transport Company (KMTC Line) is diversifying into the East African trades. From 3 June, KMTC Line will begin purchasing...
Hanoi acts to cool overheated freight market
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The Vietnamese government has joined its counterparts in China, Taiwan, the US and South Korea, by intervening to cool the overheated container shipping market. Vietnam’s Ministry of Industry...
X-Press Feeders joins RCL and KMTC in new Straits service
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Singapore-based feeder operator X-Press Feeders is improving its connections between the Straits of Singapore, Vietnam, China and South Korea in collaboration with Regional Container...
Chinese shipyards win giant container ship order
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Chinese shipyards will build six 24,232TEU containerships, the largest in the world as of today, that the Bank of Communications Financial Leasing (Bocomm Leasing)...
COSCO extends 74-vessel hire on bareboat terms
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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
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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
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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
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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...
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ONE partners with Rutgers Business School
Ocean Network Express (ONE) has entered into a partnership with Rutgers Business School (RBS) in June 2021 to gain direct outreach to RBS' academic resources...
Mitsubishi HC Capital buys CAI International
US-based container lessors CAI International and Beacon Intermodal Leasing have come under the same ownership, after Japanese leasing group Mitsubishi HC Capital acquired CAI...
Hamburg Süd vessel hits ferry pier in Santos
The 11,503TEU container ship, Cap San Antonio, crashed into a ferry pier in the Port of Santos in Brazil on 20 June. The floating...
Ports of Auckland halts automated operations due to software malfunction
An incident in the automated area of the Ports of Auckland (POAL) has forced New Zealand's port to temporarily expand manual operations at the...
