CMA CGM, COSCO, Evergreen and OOCL extend OCEAN Alliance to 2032
SHANGHAI : On 27 February, the Chief Executive Officers of the CMA CGM Group, COSCO SHIPPING, Evergreen, and OOCL gathered in Shanghai to sign a Memorandum of Understanding,
OOCL revenues plunge in 2023, amid solid container growth
HONG KONG : COSCO-owned Orient Overseas Container Line (OOCL) has seen a huge 49% decrease in its fourth quarter revenues, compared to 2022 Q4, reporting US$1.62 billion. In
OOCL expands fleet with introduction of 24,000 TEU mega vessel
SINGAPORE : Orient Overseas Container Line (OOCL) announced the addition of a new 24,000 TEU mega vessel to its fleet. The newest member of OOCL’s fleet was named OOCL
OOCL halts Israel shipments amid escalating Red Sea threat
HONG KONG : Hong Kong-based shipping company OOCL has suspended shipments to and from Israel in response to the rising threat to commercial shipping in the Red Sea.
OOCL launches AI chatbot for customers
HONG KONG : Orient Overseas Container Line (OOCL) has launched a new Chinese language AI chatbot on its customer facing platforms. OOCL has introduced an AI chatbot known
OOCL’s Q1 revenues down 57.8%
HONG KONG : Orient Overseas International (OOIL) reports a 57.8% drop in revenues for the first quarter of 2023 as the plunge in container freight rates takes its
GSBN collaborates with COSCO SHIPPING, OOCL & SICIT to enhance safe transportation of chemical c
SINGAPORE : Global Shipping Business Network (GSBN) has announced a collaboration with Cosco Shipping Lines, Orient Overseas Container Line (OOCL), and Shanghai Research Institute of Chemical Industry Testing
Four Asian shipping lines are reporting steep revenue declines
SINGAPORE : New operating results from four Asian shipping lines were released Friday, pointing to steep performance declines in the fourth quarter and ongoing market erosion in the
India seen as one of the year’s fastest-growing destinations for cargo ships and trade
MUMBAI : India is seeing an ever greater number of container ships visiting its shores, and as the fastest-growing major economy in the world, which is demanding the
OOCL launches new China-US service as US import demand expectations remain strong
HONG KONG : OOCL is launching a expressed shipping service connecting China with Long Beach, California, in a bid to up efficiency and capacity on the eastbound trans-Pacific