Search results for: Orient Overseas Container Line

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  • 24 July 2015
    Business & Finance

    Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) saw a 2.1% dip in total container shipping volumes in the second quarter of 2015 when compared to the same period last year. Total revenues decreased by 9.3% to USD 1,362.4 million. Loadable capacity increased by 7.1%, whereas the overall load factor was 6.8% lower than […]

  • 24 July 2015
    Business & Finance

    Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) saw a 2.1% dip in total container shipping volumes in the second quarter of 2015 when compared to the same period last year. Total revenues decreased by 9.3% to USD 1,362.4 million. Loadable capacity increased by 7.1%, whereas the overall load factor was 6.8% lower than […]

  • 24 April 2015
    Business & Finance

    Hong Kong-based Orient Overseas Container Line (OOCL) recorded lower total volumes in the first quarter of 2015, ended 31st March 2015. The total volumes were 2.5% down from the same period last year, the company’s quarterly report shows. Total revenues decreased by 3.2% to USD 1,343.4 million. With a decrease of 1.6% in loadable capacity, the overall […]

  • 7 August 2017
    Business & Finance

    Hong Kong’s carrier Orient Overseas Container Line (OOCL) managed to return to profit in the first half of 2017 posting USD 53.6 million, compared to a loss of USD 56.7 million seen a year earlier. The company’s gross revenue reached USD 2.89 billion for the six-month period ended June 30, 2017, up from USD 2.56 […]

  • 22 January 2019
    Business & Finance

    Orient Overseas Container Line Limited doesn’t plan to order any new ships at this moment.

  • 25 September 2015
    Business & Finance

    Hong Kong-based carrier Orient Overseas Container Line (OOCL) is boosting its Intra-Asia market coverage with the addition of the new China / Southeast Asia Service 2 (CSS2) starting mid-October. The CSS2 service will provide direct connections to Lianyungang, Shanghai, Xiamen, Ho Chi Minh, Singapore, Port Kelang, Penang, Laem Chabang and Kaohsiung. Four vessels will be deployed in the […]

  • 22 April 2016
    Business & Finance

    Hong Kong-listed Orient Overseas Container Line (OOCL) saw a total volume rise of 4.2% in the first quarter of 2016 ended 31st March 2016, when compared to the same period last year. The worst hit was the company’s Asia to Europe trade with a 11.1 percent drop in volumes and 36.3 percent fall in revenue from USD 176,335 to […]

  • 17 January 2018
    Business & Finance

    Orient Overseas Container Line (OOCL) has christened OOCL Indonesia, a 21,413 TEU boxship newbuilding.

  • 25 September 2015
    Business & Finance

    Hong Kong-based carrier Orient Overseas Container Line (OOCL) is boosting its Intra-Asia market coverage with the addition of the new China / Southeast Asia Service 2 (CSS2) starting mid-October. The CSS2 service will provide direct connections to Lianyungang, Shanghai, Xiamen, Ho Chi Minh, Singapore, Port Kelang, Penang, Laem Chabang and Kaohsiung. Four vessels will be deployed in the […]

  • 11 March 2020
    Business & Finance

    Orient Overseas Container Line Limited orders five 23,000 TEU boxships at COSCO yards in China. 

  • 10 August 2015
    Business & Finance

    Hong Kong-based Orient Overseas (International) Limited, a parent company of Orient Overseas Container Line (OOCL), reported USD 238.6 million net profit for the six-month period ended June 30, 2015, a 32% jump compared with USD 181.3 million for the same period in 2014, despite a dip in revenue. OOIL’s revenue for the first six months of 2015 […]

  • 10 August 2015
    Business & Finance

    Hong Kong-based Orient Overseas (International) Limited, a parent company of Orient Overseas Container Line (OOCL), reported USD 238.6 million net profit for the six-month period ended June 30, 2015, a 32% jump compared with USD 181.3 million for the same period in 2014, despite a dip in revenue. OOIL’s revenue for the first six months of 2015 […]

  • 22 August 2017
    Business & Finance

    Hong Kong-based container carrier Orient Overseas Container Line (OOCL) revealed plans to resume its calls to Wellington, New Zealand, starting from September. The company has decided to return to Wellington after the port underwent structural repairs following the November 2016 Kaikoura earthquake. In the earthquake of a magnitude 7.8, CentrePort Wellington sustained substantial damage to the […]

  • 9 March 2015
    Business & Finance

    Hong Kong-based Orient Overseas (International) Ltd (OOIL), the parent company of Orient Overseas Container Line (OOCL), recorded USD 271 million net profit in 2014, a 574% increase compared to USD 47 million reported in 2013, credited to higher revenue and improved cost control. Revenue increased by 3.5%, from USD 6.23 billion in 2013, to 6.52bn in […]

  • 26 June 2019
    Business & Finance

    Orient Overseas Container Line has chosen Navis to provide stowage planning software StowMan to its entire fleet.

  • 18 January 2017
    Business & Finance

    The share price of Orient Overseas (International) Limited (OOIL), parent company of the container carrier Orient Overseas Container Line (OOCL), continues to trade at a significant discount to book value despite a recent price surge that came amidst speculation that OOIL’s container shipping business unit could be up for sale, according to Alphaliner. While several […]

  • 23 October 2015
    Business & Finance

    Hong Kong-based container carrier Orient Overseas Container Line (OOCL) marked a 12.2% decrease in total revenues in the quarter ended September 30, despite handling 1.9% more containers compared to the same period a year earlier. OOCL was hit the hardest on its Asia/Europe services which brought 32.2% less revenue and carried 11.5% less containers in the third […]

  • 23 October 2015
    Business & Finance

    Hong Kong-based container carrier Orient Overseas Container Line (OOCL) marked a 12.2% decrease in total revenues in the quarter ended September 30, despite handling 1.9% more containers compared to the same period a year earlier. OOCL was hit the hardest on its Asia/Europe services which brought 32.2% less revenue and carried 11.5% less containers in the third […]

  • 25 May 2007

    Orient Overseas Container Line (OOCL) is proud to announce the Thursday, May 24th christening of the seventh of its eight 5,888-TEU vessels, built by the Imabari Shipbuilding Group.

  • 28 March 2007

    Orient Overseas Container Line (OOCL) is proud to announce the Wednesday, March 28th christening of the sixth of its eight 5,888-TEU vessels, built by the Imabari Shipbuilding Group.

  • 10 July 2007

    A new post-Panamax container ship begins calling at Halifax today, one of nine vessels in the AEX service provided by the Grand Alliance. Orient Overseas Container Line is using the OOCL Oakland on the service, which will make its inaugural call at the Cerescorp-operated Fairview Cove container terminal.

  • 27 March 2006

    Orient Overseas Container Line (OOCL) announced today that it took delivery of its ninth SX-Class 8,063-TEU vessel in its fleet from Samsung Heavy Industries Co. on March 17.