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Wednesday, April 1, 2020
Tags OOCL

Tag: OOCL

COSCO Shipping Holdings profit up 450%

COSCO Shipping Holdings said on 30 March 2020 that net profit for 2019 rocketed nearly 450% from 2018, with earnings of CNY6.8 billion (US$...

OOCL postpones EMA service launch

OOCL has decided to postpone the launch of its new East Mediterranean – America Service (EMA) by three weeks until April 25. As such, the...

OOCL withdraws more tranpacific sailings in April

OOCL has announced the additional withdrawal of the following transpacific sailings in April: Pacific China South 1 (PCS1) Port rotation: Fuqing > Nansha > Hong Kong...

OOCL updates China New Zealand Service

OOCL has announced it will replace a port call at Chalmers with a direct call to the Port of Wellington on its China New...

OOIL books US$1.35 billion profit on US terminal sale

Synergies from the acquisition by COSCO of Orient Overseas Container Lines (OOCL) and the sale of its Long Beach terminal were behind the Hong...

OOCL announces transpacific void sailings

OOCL has announced several transpacific void sailings, because it expects low demand in the market, over the coming weeks. Pacific China Central 1 (PCC1) Port...

China is now the largest container ship-owning nation

The German Shipowners’ Association (VDR) President Alfred Hartmann has said that China has surpassed Germany as the largest container ship-owning country. Ship databases corroborate Hartmann’s...

Ocean Alliance launches its Day Four Product

Ocean Alliance has announced the start of the Ocean Alliance Day Four Product. The new product will provide 19 transpacific services, two transatlantic services,...

Rates are up as China returns to work

Online freight index, Feightos, has confirmed that as quarantine periods have come to a close staff have returned to work in Chinese factories with...

OOCL withdraws several Asia-Europe sailings

In response to the expected low demand in the market, OOCL has announced the withdrawal of the following Asia-Europe sailings that are in addition...
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Kalmar to equip terminals in Mexico and Panama

Kalmar has signed two separate orders with SSA Marine to supply a total of 36 Kalmar Ottawa T2 terminal tractors. The first agreement for 12...

Hapag-Lloyd adds void sailings due to the coronavirus

Hapag-Lloyd has announced that additional measures are being implemented on the IG1 service as a result of the low demand due to the current...

MABUX bunker index – 1 April

Oil companies are telling investors that they will cut spending in what the UK newspaper The Guardian calls “the most brutal oil market rout...

CEVA supports COVID-19 pandemic fight

CEVA Logistics says it has delivered significant additional volumes on behalf of numerous customers around the world to help its customers through the Covid-19...