Search results
Results From The WOW.Com Content Network
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]
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 ]
Tung was born in Xuhui District, Shanghai on 7 July 1937, [8] 29th day of the fifth lunar month in 1937 in the Chinese calendar into an influential shipping magnate family of Tung Chao Yung. Tung Chao Yung was the founder of the Orient Overseas Container Line, a shipping company which was closely associated with the government of the Republic ...
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 .
The list seen by Fortune reveals the Pershing Square Foundation owns a stake in X. If the name sounds familiar, that's because of its link to Pershing Square Holdings, founded by billionaire ...
Sea freight transport by container ship. This list of freight ship companies is arranged by country. Companies listed own and/or operate bulk carriers, car carriers, container ships, Roll-on/roll-off (for freight), and tankers.