OOCL
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American Shipper
Red-hot ocean rates could spark government intervention
China could decide enough is enough if trans-Pacific rates rise too high.
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American Shipper
Longshore employer: Port of Montreal cargo must move
“We are going to lose some of the food and pharmaceuticals.”
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American Shipper
OOCL second-quarter revenues up, volumes down
Orient Overseas Container Line briefly outlines performance for the second quarter and first six months of 2020.
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American Shipper
OOCL revenue up in turbulent times
Hong Kong-based shipping line says first-quarter volume was down less than half a percent despite pandemic.
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American Shipper
OOCL reports increase in third-quarter container volumes, revenue
Orient Overseas Container Line (OOCL) said both container volumes and revenue were higher in the third quarter this year than in 2018.
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Company earnings
OOCL reports 7 percent revenue increase; cancels several Asia-Europe sailings for three months
OOCL reported its second quarter 2019 earnings while also announcing that it was canceling several Asia-Europe sailings for a three-month period.
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Container
Why container liner profits remain elusive despite alliances
It has now been a half-decade since the emergence of large-scale container liner alliances. What's their track record?
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Asia-Pacific
Port Report: Finance and fuel costs impacted 2018 results for Asia’s ocean carriers
OOIL and Yang Ming see better revenue growth, but bottom line results diverge as finance and fuel costs hit results.
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Blockchain
Ocean Alliance starts own blockchain group, firing shot across bow of Maersk-IBM alliance
New group floats alternative blockchain solution for container trade.
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Maritime
OOCL plans rapid growth to 1M TEU capacity; Maersk slashes guidance
State-backed Asian container lines have plans to rapidly expand their capacity; meanwhile Maersk cuts its guidance for 2018 by nearly a billion dollars in EBITDA.
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