China Cosco Shipping Corporation Limited (Cosco Shipping) is reportedly a contender to buy Hong Kong-based Orient Overseas Container Line (OOCL) in a deal valued at more than $4bn, Wall Street Journal reported.
News ID: 71718 Publish Date : 2017/01/19
Shipping analyst Alphaliner has voiced a rumor that has been circulating throughout the container shipping industry: that Orient Overseas International might sell its Hong Kong-based ocean carrier Orient Overseas Container Line (OOCL).
News ID: 71694 Publish Date : 2017/01/18
Hongkong International Terminals Limited (HIT), COSCO-HIT Terminals (Hong Kong) Limited (CHT), and Asia Container Terminals Limited (ACT) have entered into a formal collaboration for the co-management and operation of 16 berths across Terminals 4, 6, 7, 8 and 9 at Kwai Tsing, New Territories, Hong Kong.
News ID: 71003 Publish Date : 2016/12/20
The Port of Hong Kong saw its second consecutive month of throughput increases in November, with the number of containers handled rising 10.1% to 1.76m teu but once again off a low base of 1.60m teu in the previous corresponding period.
News ID: 70969 Publish Date : 2016/12/19
Taiwan’s Wan Hai Lines has bought 10,150 containers from container manufacturer Singamas at a price of $19.18m.
News ID: 70918 Publish Date : 2016/12/18
Cosco Shipping International (Hong Kong) Co (CSIHKC) has announced a plan to acquire CSHT Marine Machinery Suppliers from China Merchants Hoi Tung Trading Company and Cosco Shipping Financial Holdings Co.
News ID: 70837 Publish Date : 2016/12/13
Hong Kong-based line Orient Overseas Container Line (OOCL) reported a 5.2% rise in third quarter volumes to 1.52m teu from 1.45m teu in the previous corresponding quarter, however, expectedly revenues plunged 13.8% to $1.15bn from $1.33bn previously.
News ID: 69991 Publish Date : 2016/11/06
Hong Kong-based line Orient Overseas Container Line (OOCL) reported a 5.2% rise in third quarter volumes to 1.52m teu from 1.45m teu in the previous corresponding quarter, however, expectedly revenues plunged 13.8% to $1.15bn from $1.33bn previously.
News ID: 69991 Publish Date : 2016/11/06
Panama, the world’s largest flag state, has acceded to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC).
News ID: 69017 Publish Date : 2016/09/30
OOCL in 2016, H1:
Hong Kong-based container carrier Orient Overseas Container Line (OOCL) recorded a 16.9% drop in total revenues in the first six months of 2016 despite improving the volumes carried in the same period by 5.5%.
News ID: 67716 Publish Date : 2016/07/24