Search results
Results From The WOW.Com Content Network
In 2018, COSCO SHIPPING Holdings acquired Hong Kong-based OOIL, the parent of OOCL, for US$6.3 billion On July 25, 2019, OOCL Hong Kong, the lead ship of the six G-class units and once the world’s largest container ship, visited Hong Kong to mark the 50th anniversary of Orient Overseas Container Line (OOCL). [14] In May 2023, the 24,188 TEU ...
On July 24, 2018, COSCO SHIPPING Lines reported a cyber attack to its operations in the United States, Canada, and South America. [16] [17] [18] COSCO later reported that the attack caused minimal disruption to its operations. [19] In 2018, COSCO SHIPPING Holdings acquired Hong Kong-based OOIL, the parent of OOCL, for US$6.3 billion. [20] [21]
The service became quickly popular: for UPS the number of packages tracked on the web increased from 600 a day in 1995 [9] to 3.3 million a day in 1999. [10] On-line package tracking became available for all major carrier companies, and was improved by the emergence of websites that offered consolidated tracking for different mail carriers. [11]
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 .
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]
Rank Company name Headquarters Total TEU Ships Market share Notes Alliance 1 Mediterranean Shipping Company (MSC) Switzerland 5,705,424 801 19.9% [Note 1]2M(until February 2025)
By 1982 OCL was Europe's largest container through transport operator with a fleet of 20 containerships and more than 60,000 container units. It served more than 50 major ports and, in 1980, transported more than a quarter of a million container loads of import and export cargo on a route network linking locations throughout four continents.
Find us on X (formerly known as Twitter) or Facebook. Paid members In addition to the support options listed above, paid members also have access to 24/7 phone support by calling 1-800-827-6364.