OOCL Celebrates Maiden Voyages of New Eco-Friendly Mega Vessels

Orient Overseas Container Line Ltd. (OOCL) has marked a significant milestone with the maiden voyages of its latest 24,188 TEU mega vessels, “OOCL Finland” and “OOCL Sweden.” These ships are part of a fleet of ten eco-friendly mega containerships, highlighting the company’s commitment to fleet modernization.

New Vessel Details
  • OOCL Finland: Constructed by Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS).
    • Named by Ms. TANG Li, CEO of KEECO Asia Group on April 25, 2024.
    • Maiden arrival in...


OOCL celebrates maiden voyage of two new mega vessels

Orient Overseas Container Line (OOCL) is celebrating the maiden voyage of its latest two 24,188 TEU mega vessels, “OOCL Finland” and “OOCL Sweden.”

With these additions, OOCL has now received ten eco-friendly mega containerships of the same model, marking a significant milestone in the company’s fleet upgrade.

The “OOCL Finland” and “OOCL Sweden” were constructed by Dalian COSCO KHI Ship Engineering (DACKS) and Nantong COSCO KHI Ship Engineering (NACKS), respectively.

The two vessels are currently...


Box lines start Asia-Mexico services as rates hit 20-month high

Mainline operators have been starting services connecting China with Mexico as freight rates have reached a near two-year high.

Freight rates for containers from Chinese ports to Mexico’s main container port, Manzanillo, are now around US$2,000 per TEU. This has caused CMA CGM, COSCO and MSC to start China-Mexico connections.

On 6 May, COSCO and its subsidiary OOCL started the Transpacific Latin Pacific 5 (TLP5) service, offering transit times of 15 to 20 days between China, South Korea and...


New shipping routes highlight growing Asia-to-Mexico trade

A new sea route from Cosco Shipping Lines became operational on Monday, as several global ocean carriers have initiated services targeting Asia-to-Mexico trade.

In addition to Cosco, global ocean carriers Mediterranean Shipping Co. and CMA CGM have launched services to tap into soaring container volumes and growing investment in Mexico by Chinese companies.

Cosco Shipping Lines and its subsidiary OOCL’s new Transpacific Latin Pacific 5 (TLP5) line offer direct connections between China, South...


OOCL launches new service for express Asia-Mexico connection

OOCL has introduced a new service, Transpacific Latin Pacific 5 (TLP5), in its Asia–Latin America network to enhance port coverage in the regions.

In addition to OOCL’s existing loops TLP1 / 2 / 3, the new service will provide direct connections between China, Korea, and Mexico, boasting competitive transit times of 15 and 20 days from Qingdao to Ensenada and Manzanillo, respectively.

Port rotation for TLP5: Pusan (South Korea) – Dalian (China) – Ningbo (China) – Shanghai (China) – Qingdao...


Major container lines jointly launch Asia – East Coast South America service

Five of the largest ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South America.

In particular, CMA CGM, COSCO, OOCL, Evergreen and PIL will jointly launch the new service on the Asia-Latin America trade in May.

The service will have two separate loops. The first loop will be operated by 12 container ships of up to 14,000 TEU capacity and will commence on 5 May from the port of Tianjin.

The rotation of the first loop will...


OCEAN Alliance rolls out new service network

OCEAN Alliance, consisting of CMA CGM, COSCO, Evergreen and OOCL, has announced the launch of its updated service network, called “DAY 8 Product”.

After extending their partnership for an additional five years, the four ocean carrier allies are unveiling their new programme aimed at tackling the emerging challenges posed by the volatile conditions in the Red Sea.

The DAY 8 Product, which is expected to commence in April, will include:

  • The deployment of 321 container ships, including 119 vessels...


CMA CGM, COSCO, Evergreen and OOCL extend OCEAN Alliance to 2032

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, extending the operational cooperation of the OCEAN Alliance for an additional five years until 2032.

As a sustainable partnership, the OCEAN Alliance remains committed to supporting customers’ supply chains and businesses by providing top-tier shipping solutions across a wide range of served ports, offering direct calls and optimal...


Lack of newbuildings costs OCEAN Alliance’s Asia-Europe frequency

Since the members of OCEAN Alliance (CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation) did not have many newbuildings join their fleets, nor reassign vessels from other loops, they struggled to operate their usual Asia-North Europe and Asia-Mediterranean schedules amid the Red Sea crisis.

Alphaliner’s report showed that while mainline operators should offer 8.5 departures per loop in a week, OCEAN managed just 6.3 weekly loops.

While the COSCO-operated Asia – North Europe LL1 / AEU1...


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