OOCL
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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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Maritime
Container lines prep for China-US trade slowdown
Container line alliances are cutting capacity on their transpacific services in anticipation of a major slowdown in the US-China trade relationship due to tariffs. We…
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News
Today’s Pickup: freight markets strong to end Q2
Freight markets still hot to close Q2; COSCO/OOCL merger approved by US, China; Tesla hits Model 3 production goal; CSX revives plan for intermodal hub…
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News
COSCO/OOCL merger inches closer
China wants to consolidate the Asia-North America container trade and drive supply chain efficiencies by operating a container terminal in Long Beach, but national security…
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