OOCL rolls out 3rd phase of Ocean Alliance product refinements

As the OCEAN Alliance enters its third year, OOCL announced service enhancements this year in the Trans-Pacific trade. These include broadening market coverage in South China and Southeast Asia with a new direct call to Taipei on the PSW service as well as Cai Mep on the ECX1. Its express service to the US Gulf Coast has also been expanded with the addition of the new GCC2 product, offering greater ... [+]

OOCL advances forward with next phase of OCEAN Alliance products to better serve customers

Following the success of the Day One products introduced earlier in 2017, OOCL announces the launch of the second phase of the OCEAN Alliance products in April 2018, which it dubs “an improved suite of products providing industry-leading services to customers.” The emphasis on quality services has long been the hallmark ... [+]

OOCL christens another ‘G Class’ vessel, the OOCL United Kingdom

OOCL christened its latest 21,413 TEU containership to join its fleet this year.  Constructed by Samsung Heavy Industries (SHI), Hull H2175 is the fourth in the line of six ordered by OOCL from the Korean shipyard. Named the OOCL United Kingdom, and together with her sister vessels, OOCL CFO Alan Tung ... [+]

Cosco-OOCL merger to create world’s third largest shipping line

China’s Cosco Shipping confirmed market talk on 9 July when it announced that it was buying a nine-tenths share of Hong Kong-based Orient Overseas International, parent company of OOCL, with Shanghai International Port Group (SIPG) taking the remaining 10%. The deal is subject to regulatory approval, but has been accepted ... [+]

Global Ship Lease Announces Agreement With OOCL to Acquire Third 8,063 TEU Vessel

Containership charter owner Global Ship Lease, Inc., announced that it has taken delivery today of a 2004-built, 8,063 TEU containership, the OOCL Ningbo. Upon delivery, the vessel commenced a time charter back to Orient Overseas Container Line UK Limited for 36 to 39 months at a rate of $34,500 per ... [+]

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