OOIL clearly has great results but forecast cloudy

Orient Overseas (International) Limited (OOIL) said it scored the highest first-half revenue in its history but is unsure if it can maintain the record-breaking ways. 

The Hong Kong-headquartered ocean carrier announced a profit attributable to equity holders of $5.66 billion for the six-month period that ended June 30, compared to a profit of $2.8 billion for the same period in 2021.  

“The outstanding performance of the group was driven by the continuing extraordinary conditions prevailing in...

https://www.freightwaves.com/news/ooil-clearly-has-great-results-but-forecast-cloudy

Container shipping’s ‘hockey stick’: Liner profits just keep on climbing

container shipping

A hockey-stick pattern starts with a low-level period — the blade — hits an inflection point, curves up, then heads sharply higher — the shaft. Newly released financial and operating reports for Q3 2021 by Matson (NYSE: MATX), Cosco and OOIL show container shipping in full-on hockey-stick mode.

Winners and losers

Pandemic restrictions and fiscal stimulus created winners and losers. On the losing end: companies that depend on people congregating in close quarters for business or pleasure. Think...

https://www.freightwaves.com/news/container-shippings-hockey-stick-carrier-profits-keep-on-climbing

Σε συνεχή άνοδο οι παραγγελίες containerships

Συνεχίζεται η αυξητική ρότα των παραγγελιών containerships και στο δ΄ τρίμηνο του 2021. Σύμφωνα με δημοσίευμα του νοτιοκορεατικού πρακτορείου ειδήσεων Yonhap, το ναυπηγείο Hanjin Heavy Industries εξασφάλισε παραγγελία αξίας περίπου $261,4 εκατ. για την κατασκευή τεσσάρων πλοίων μεταφοράς εμπορευματοκιβωτίων. Τα εν λόγω containerships προγραμματίζεται να παραδοθούν μέχρι τον Νοέμβριο του 2023 στους Ευρωπαίους αγοραστές τους.

Είναι προφανές πως η άνευ προηγουμένου ναυλαγορά που απολαμβάνουν τα...

https://www.naftikachronika.gr/2021/10/08/se-synechi-anodo-oi-parangelies-containerships/

Νέα mega παραγγελία για 10 containerships από την OOIL

Οι παραγγελίες νεότευκτων πλοίων μεταφοράς εμπορευματοκιβωτίων συνεχίζονται σε παγκόσμιο επίπεδο με αμείωτο ρυθμό. Σύμφωνα με διεθνή ΜΜΕ, η τελευταία παραγγελία έρχεται από τη θυγατρική εταιρεία τακτικών γραμμών του ομίλου της Cosco, Orient Overseas International Lines (OOIL), η οποία ανακοίνωσε επενδύσεις ύψους $1,6 δισ., προκειμένου να συνεχιστεί με γοργούς ρυθμούς η περαιτέρω επέκταση του στόλου της.

Ειδικότερα, σύμφωνα με διεθνή ΜΜΕ, η OOIL κατέθεσε παραγγελία για δέκα νέα containerships,...

https://www.naftikachronika.gr/2021/09/09/nea-mega-parangelia-gia-10-containerships-apo-tin-ooil/

OOCL orders seven more ultra-large boxships

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 this year.

The seven-ship order will total US$1.103 billion with each vessel costing approximately US$157.7 million. The vessels are expected to be delivered from the third quarter of 2023 through to the third quarter of 2024.

Three of the ships will be built in the Nantong yard which is a joint venture with Japanese shipbuilder Kawasaki Heavy...

https://container-news.com/oocl-orders-seven-more-ultra-large-boxships/

OOCL Q3 revenue climbs 16.3%

Orient Overseas Container Line (OOCL) posted a 16.3% increase in revenue — a healthy third-quarter recovery from the height of the COVID-19 pandemic.

The Hong Kong-based container carrier reported total Q3 revenue was $1.91 billion. Revenue on trans-Pacific trade was up 18.4% to $825.3 million and 2.4% on the trans-Atlantic to $151.6 million. 

Total volumes were up 9.5% from Q3 2019, driven in large part by a 22.6% jump on the trans-Atlantic trade to 141,584 twenty-foot equivalent units (TEUs)....

https://s29755.pcdn.co/news/oocl-q3-revenue-climbs-163

OOCL proceeds with mega-vessels order despite the pandemic challenges

Orient Overseas Container Line (OOCL) has announced it will follow its long-term plans and will proceed with its March order of five 23,000TEU container ships, despite the Covid-19 crisis.

The COSCO-owned company said in its half-year results announcement that it remains confident and described its mega order as a “tremendous display of its enduring confidence in container shipping.”

In the meantime, Orient Overseas (International) Limited, OOCL’s mother-company, has reported lower container...

https://container-news.com/oocl-proceeds-with-mega-vessels-order-despite-the-pandemic-challenges/

OOCL second-quarter revenues up, volumes down

Orient Overseas Container Line (OOCL) said that although second-quarter volumes were down 4.6% year-over-year, total revenues increased 1.1%. 

OOCL’s parent company, Orient Overseas (International) Ltd. (OOIL), covered the second quarter of 2020 in a one-paragraph overview dated Friday. 

According to the release, second-quarter revenues totaled $1.58 million. Average revenue per twenty-foot equivalent unit (TEU) increased 5.9% compared to the same period last year. 

OOCL said loadable capacity...

https://www.freightwaves.com/news/oocl-second-quarter-revenues-up-volumes-down