Orient Overseas Container Line

7 Mar 2013

Anaemic growth in the US and little improvement in Europe's economic conditions will make 2013 as "challenging" as last year for Orient Overseas Container Line (OOCL), the financial head of the...

6:12AM

OOIL slides as profit goes down 33pc

3 Aug 2012

Shares in Orient Overseas (International) fell almost 4 per cent yesterday after the Tung family shipping and property group reported a 33 per cent drop in net profit to US$116.77 million in the...

10:58PM

Lai See

3 Aug 2012

Timothy Fok's Olympic moment synchronised with diving

10:58PM

Increases in freight rates buoy OOCL revenues

14 Jul 2012

Orient Overseas Container Line saw revenues climb 5 per cent to almost US$2.88 billion in the first half of this year, buoyed by higher freight rates, especially in the second quarter.

9:19PM

Freight rates set to sink again as capacity rises

8 Jun 2012

Moves by container shipping companies such as Orient Overseas Container Line to boost revenues on transpacific services between Asia and North America could be derailed by an increase in shipping...

5:04PM

Orient Overseas signs 40-year Long Beach lease

6 Apr 2012

Orient Overseas Container Line has signed a deal with the Port of Long Beach to lease the Californian port's Middle Harbour container terminal for 40 years in what is the biggest port agreement in...

12:02PM

Opinion

Alex Lo

A dangerous demagogue in our midst

4 comments

4:18AM

Jake Van Der Kamp

Ferry subsidies to push rents up further

5 comments

4:27AM

Rising fuel prices add to container line's stress

Overcapacity, sluggish cargo growth and high fuel prices are set to make 2012 a difficult year for container shipping lines even though carriers have started to increase freight rates, a senior...

9:59AM

Troubled shipping lines raise rates on key routes

Exporters and importers face higher shipping costs as loss-making and financially troubled shipping lines raise freight rates on key trade routes to Europe, the Mediterranean and South Asia in the...

6:38AM

OOCL's terminal expansion moves ahead in Long Beach

Orient Overseas Container Line (OOCL) has secured a key vote from harbour commissioners in the port of Long Beach for its US$4.6 billion, 40-year lease on a new container terminal at the west...

6:00AM

OOCL waits for green light on US gateway deal

Orient Overseas Container Line is set to enter the Year of the Dragon with an agreement for a new United States Pacific gateway at Long Beach that will be the biggest rental deal in US port...

5:55AM

Container lines prepare for trade doldrums

Hard-pressed container lines, which have already seen charter rates sink on key trades routes between Asia and Europe and transpacific, could face further difficulties as a result of changing...

4:58AM

Small carriers struggle to keep up with big boys

Box shipping lines including Cosco, China Shipping Container Lines and Evergreen may have to join forces with rivals if they are to compete with mega-carriers on Asia-Europe trade routes, analysts...

3:49AM