Orient Overseas (International) (OOIL) could be heading for a total turnover of around US$6.4 billion this year after the parent of Orient Overseas Container Line (OOCL) reported revenues of US$4....
- Sat
- May 25, 2013
- Updated: 5:48pm
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Yesterday was the last day for the Shanghai New Man Wah Hair-Dressing Company in Central, which closed after 45 years. Clients of the barbershop included former chief executive Tung Chee-hwa....
Gain from sale of North American ports boosts earnings
Orient Overseas (International) (OOIL), a shipping firm controlled by the family of former chief executive Tung Chee-hwa, has ordered four container vessels at a cost of US$264 million.
'But we must bear in mind that, first, in neighbouring areas the logistics industry is developing very fast and competition is ever intensifying and, second, our operating costs are too high. We...
A top executive of the Tung family-owned Orient Overseas Container Line has died from injuries he sustained during a fall onboard the OOCL Montreal at the French port of Le Havre.
The second-half surge in exports from China put wind back in the sails of Orient Overseas Container Line (OOCL) as its parent defied poor market conditions to post a US$51.7 million profit last...
Chief Executive Tung Chee-hwa appealed to parents yesterday to communicate more with their children as a way of avoiding potential social and family problems.
Democratic Party chairman Martin Lee Chu-ming yesterday gave a cautious welcome to a pledge by Tung Chee-hwa that there would be no Tiananmen Square-style crackdown in Hong Kong.
Orient Overseas (International) (OOIL) has signed a US$360 million financing arrangement to fund the purchase of six container vessels delivered over the past two years.
A hoax bomb in a box painted with slogans threatening Tung Chee-hwa and Secretary for Housing Dominic Wong Shing-wah was found outside the Legislative Council building yesterday.
Orient Overseas International's (OOIL) revelation of undisclosed connected transactions dating back nine years, with a company controlled by a brother-in-law of chairman Tung Chee-hwa, is unlikely...
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