Orient Overseas Container Line (OOCL)

OOCL unveils third 16,828 TEU container ship

Hong Kong-based box carrier Orient Overseas Container Line (OOCL) marked a significant milestone with the naming ceremony of its third state-of-the-art 16,828 TEU container vessel, OOCL Sunflower, at Dalian COSCO KHI Ship Engineering Co. (DACKS).

The vessel was officially named by Jenny King, Director and General Manager of INTCO Recycling Resources Co., in the presence of distinguished guests, partners, and customers.

Part of OOCL’s newest series of eco-friendly vessels, each with a capacity of...

https://container-news.com/oocl-unveils-third-16828-teu-container-ship/

OOCL nears US$10 billion in annual revenues

Hong Kong-based container carrier Orient Overseas Container Line (OOCL) achieved a 55% increase in its 2024 fourth quarter revenues, compared to the same period last year, reporting over US$2.5 billion.

For the same period, OOCL handled around 2 million TEUs, representing a 6% growth compared to the corresponding figure in 2023 Q4.

Furthermore, the average revenue per TEU for the subsidiary of Chinese shipping giant COSCO saw a substantial increase of 46% year-over-year in the last quarter of...

https://container-news.com/oocl-nears-us10-billion-in-annual-revenues/

Container lines unveil Transatlantic services

Singapore-headquartered Ocean Network Express (ONE) has announced three North Europe Transatlantic services, effective from February 2025, which will be operated together with CMA CGM, COSCO, Orient Overseas Container Line (OOCL) and Evergreen, as part of a vessel-sharing cooperation.

Jeremy Nixon, CEO of ONE, said, “AS ONE we look forward to our new collaboration with CMA CGM, COSCO, OOCL and Evergreen in the Transatlantic trade starting in February 2025. Combining our collective fleet...

https://container-news.com/container-lines-unveil-transatlantic-services/

OOCL starts two new intra-Asia services

Orient Overseas Container Line (OOCL) has announced two new services connecting major Chinese ports with Southeast Asia and the Indian subcontinent.

The Far East – Chennai Service 3 (FCS3), launched on 6 December, aims to establish direct connections between multiple ports in China, Vietnam, Thailand, Malaysia, and East India.

The port rotation of the service will be Nansha – Shekou – Ho Chi Minh City – Laem Chabang – Port Kelang – Chennai – Port Kelang – Nansha.

Additionally, OOCL’s China India...

https://container-news.com/oocl-starts-two-new-intra-asia-services/

OOCL, Yang Ming launch new China-Thailand service

Orient Overseas Container Line (OOCL) and Yang Ming have announced a new container service connecting China with Thailand.

The new service will commence on 10 January from the port of Shanghai, offering a 21-day round-trip with fixed weekly sailings.

The port rotation of the new service will be Shanghai (China) – Ningbo (China) – Xiamen (China) – Nansha (China) – Laem Chabang (Thailand) – Shekou (China) – Shanghai.

The service, branded as China Laem Chabang Service (CHL2) by OOCL and...

https://container-news.com/oocl-yang-ming-launch-new-china-thailand-service/

OOCL unveils OOCL Iris: Next-Gen 16,828 TEU Smart Vessel

Orient Overseas Container Line (OOCL) introduced its newest 16,828 TEU container vessel, OOCL Iris, marking a significant milestone as the second of ten 16,000 TEU vessels ordered by OOCL and the first delivered by Nantong COSCO KHI Ship Engineering (NACKS).

The vessel’s name, “Iris,” carries a dual significance, symbolizing both the flower and OOCL’s proprietary IT innovation, the Integrated Regional Information System. Launched in 1999, this groundbreaking system revolutionized the company’s...

https://container-news.com/oocl-unveils-oocl-iris-next-gen-16828-teu-smart-vessel/

OOCL names its newbuild 16,800 TEU vessel in China

Orient Overseas Container Line (OOCL) has officially named its first brand-new 16,828 TEU container vessel, OOCL Bauhinia, at a ceremony held at the Dalian COSCO KHI Ship Engineering (DACKS) shipyard in China.

OOCL Bauhinia will be deployed on the Trans-Pacific Trade PCC1 service, linking Asia with the US West Coast. The service’s port rotation includes: Ningbo (China), Shanghai (China), Pusan (South Korea), Long Beach (USA), Pusan (South Korea), and Ningbo (China), completing a 42-day round...

https://container-news.com/oocl-names-its-newbuild-16800-teu-vessel-in-china/

OOCL reports strong results in 2024 third quarter

Orient Overseas Container Line (OOCL) has announced that its third-quarter revenues increased by 73.7% to US$3 billion.

At the same time, the COSCO-owned carrier’s total liftings increased by 3.6% to 1.9 million TEUs and the loadable capacity decreased by 1.6%. The overall load factor was 4.2% higher than the same period in 2023, while overall average revenue per TEU increased by 67.6% compared to the third quarter of last year.

Additionally, for the first nine months of 2024, OOCL’s total...

https://container-news.com/oocl-reports-strong-results-in-2024-third-quarter/

OOCL and partners drive low-carbon shipping with biofuel collaboration

Orient Overseas Container Line (OOCL) and its partners, including IKEA and Kyocera, have joined forces to promote low-carbon shipping by adopting cleaner fuels to reduce supply chain emissions.

The first voyage under this initiative began in early August, using a B24 biofuel blend. This blend incorporates ISCC-certified Used Cooking Oil Methyl Ester as a component of the Very Low Sulphur Fuel Oil (VLSFO).

By replacing traditional fossil fuels with biofuel, the initiative aims to cut carbon...

https://container-news.com/oocl-and-partners-drive-low-carbon-shipping-with-biofuel-collaboration/

OOCL unveils its last 24,188 TEU mega vessel

Orient Overseas Container Line (OOCL) celebrated the naming of its twelfth 24,188 TEU eco-friendly mega vessel, “OOCL Portugal,” during a ceremony at the Nantong COSCO KHI Ship Engineering (NACKS) shipyard.

This vessel is the final addition to OOCL’s series of 24,188 TEU ships, marking a significant milestone for the company.

Laura Liang Aron, Director of the Hong Kong Economic and Trade Office in Shanghai, was invited to name the vessel, with Ni Zhao, Regional Head (Shanghai) of the Hong Kong...

https://container-news.com/oocl-unveils-its-last-24188-teu-mega-vessel/

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