Orient Overseas International Limited (OOIL) has entered into a Placing and Subscription Agreement with Faulkner Global Holdings Limited, its immediate parent company and part of COSCO Shipping Holdings, and JP Morgan, as announced on the Hong Kong Stock Exchange on 22 January 2021.
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https://container-news.com/ooil-to-issue-new-shares-on-the-market/
Orient Overseas Container Line (OOCL) has announced a couple of emergency surcharges, which will take place on the eastbound leg of the Transpacific trade and will be effective from the new year.
The COSCO-owned carrier will implement an emergency intermodal surcharge (EIS) of US$350/dry container on all door moves via US West Coast ports at Long Beach, Los Angeles, Oakland, Seattle and Tacoma.
The EIS covers shipments from the Far East to US inland door moves via the US West Coast and does not...
https://container-news.com/oocl-announces-west-coast-haulage-surcharges-from-2021/
The Ocean Alliance has announced changes in two Asia-Europe products, Loop 4 (LL4) and Loop 5 (LL5), in order to offer “more competitive and comprehensive services within the network.”
Southampton inbound call is replaced by Le Havre in the LL4 port rotation, which will be: Tianjin – Busan – Ningbo – Shanghai – Yantian – Singapore – Suez Canal – Southampton – Le Havre – Dunkirk – Hamburg – Rotterdam – Southampton – Algeciras – Suez Canal – Port Kelang – Tianjin.
The first sailing of the revised...
https://container-news.com/ocean-alliance-updates-european-products/
Orient Overseas Container Line (OOCL) has signed newbuilding contracts with shipyards Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) and Dalian COSCO KHI Ship Engineering Co. Ltd. (DACKS) for five new container vessels, each at a cost of US$155.68 million with a nominal capacity of 23,000TEU.
The Hong-Kong based company expects to begin taking delivery of these vessels in the year 2023.
These five new buildings are part of OOCL’s ongoing program to introduce large, modern, and...
https://container-news.com/oocl-orders-five-mega-container-ships/
On 25 February afternoon, the arrival of OOCL Guangzhou at DaChan Bay marks the commencement of the Japan Indonesia Service KTX3 calling at DaChan Bay Terminals on its south bound routing.
“The inclusion of DaChan Bay in the KTX3 service provides more choice to shippers,” commented Brian Yeung, Managing Director of DaChan Bay Terminals.
The KTX3 service is operated by Orient Overseas Container Line (OOCL) with four Panamax vessels.
The KTX3 service calls DaChan Bay Terminals every Tuesday on its...
https://container-news.com/dachan-bay-terminals-welcomes-new-oocl-service/