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OOCL was founded by C. Y. Tung in 1947 as the Orient Overseas Line. In 1969, OOCL was the first Asian -based shipping line to transport containerized cargo across the Pacific. Consequently, the company was renamed Orient Overseas Container Line. In those days its Victory-class vessels could carry 300 TEU, a far cry from today's post-Panamax ...
In July 2017, OOIL received a US$6.3 billion take over bid from its Chinese rival, COSCO Shipping. The bid has been accepted by the Tung family, subject to shareholder and regulatory approval. [27] [28] The takeover was completed in 2018. [4] In April 2019, OOIL sold a container terminal in Long Beach to Macquarie Group for US$1.78 billion. [29]
A few ships (APL since 2007, [44] Carrier53 since 2022 [45]) can carry 53 foot containers. 40 foot containers are the primary container size, making up about 90% of all container shipping and since container shipping moves 90% of the world's freight, over 80% of the world's freight moves via 40 foot containers.
OOCL Chongqing: 2006 9622629 28 Jun 2013 In service [7] OOCL Egypt: NYK Hermes (2013-2016) 2007 9622631 26 Jul 2013 In service [8] OOCL Bangkok: 2008 9627978 13 Sep 2013 In service [9] OOCL Malaysia: NYK Hyperion (2013-2016) 2009 9627980 16 Oct 2013 In service [10] OOCL Korea: 2010 9627992 17 Apr 2014 In service [11] OOCL Singapore: 2011 ...
This is a list of the 30 largest container shipping companies as of February 2024, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. [1] In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [ 2 ]
After the 2016 COSCO-China Shipping merger, COSCO SHIPPING Lines formed a new 5-year vessel-sharing contract, the Ocean Alliance, along with CMA CGM, OOCL, and Evergreen. [14] [15] On July 24, 2018, COSCO SHIPPING Lines reported a cyber attack to its operations in the United States, Canada, and South America.
China COSCO Shipping Corporation Limited (branded as COSCO Shipping) is a Chinese state-owned multinational marine transportation service conglomerate, headquartered in Shanghai. [2] It was established in January 2016 by the merger between China Ocean Shipping Company and China Shipping Group Company .
OOCL Hong Kong; OOCL M-class container ship This page was last edited on 24 May 2021, at 05:22 (UTC). Text is available under the Creative Commons Attribution ...