The G6 Alliance of European and Asian container carriers will start a feeder shuttle between two German
OOCL has launched a new intra-Europe service linking Germany and Russia.
OOCL has launched a new intra-Asia service linking Taiwan and China to Japan.
OOCL plans to raise rates on the eastbound trade from North Europe to Asia at the beginning of October.
OOCL said it is delaying the delivery date of the remaining six container ships out of eight with capacities of 8,888 20-foot-equivalent units that it ordered from Hudong-Zhonghua Shipbuilding in Shan
Orient Overseas Container Line’s parent company reported a 26 percent drop in operating profit
Malfunctioning cranes at India’s Jawaharlal Nehru Container Terminal (Nhava Sheva Port) are wreaking havoc on berthing schedules of vessels calling at the country’s top box gateway.
OOCL reported positive operating results Friday for the second quarter ended June 30, with strong increases in both container volume and revenue.
Box Ships Inc.
The Agriculture Transportation Coalition said APL, “K” Line and OOCL shared the top ranking in the organization’s seventh annual carrier performance survey.
OOCL said it is suspending until further notice the Atlantic Express Shuttle that it operates in a vessel-sharing alliance with Hapag-Lloyd between Hamburg, Antwerp and New York.
German ocean carrier Hamburg Sud will raise its rates on trades from the Indian subcontinent and the Middle East to Europe, South America and the Caribbean, starting July 1.
OOCL announced three changes in its management team on Thursday.
Greece’s Box Ships Inc.
United Arab Shipping Company has joined other major container ship operators in announcing a general rate increase on westbound Asia-Europe trades, starting July 1.
The Port of Long Beach Tuesday recognized 14 shipping lines for consistently reducing their vessel speed in the harbor area in order to cut down on harmful emissions.
OOCL said it will put a general rate increase into effect on cargo moving in both directions on the trans-Atlantic trade as of July 1.
OOCL will implement a further general rate increase on the North Europe to Asia trade on June 15.
Freight rates on westbound trades from Asia to Europe will go up June 1 following peak-season surcharge announcements by major ocean carriers.
Orient Overseas Container Line’s first quarter volume revenue slipped 0.9 percent to $1.3 billion despite a 5.4 percent rise in volume from a year earlier.