The sale could be one of the largest terminal deals ever, dwarfing the $2.4 billion sale of OOIL's terminals on the US East Eoast and in Vancouver, Canada, in 2006.
Orient Overseas Container Line
News and analysis of the Hong-Kong based Orient Overseas Container Line, a Top 20 global container carrier.
29 Oct 2018
One example: although Orient Overseas gave no profit and loss numbers in its interim updates, the debilitating effects of rising operating costs and weak freight rates are clearly visible in the average revenue earned per container.
15 Feb 2018
Based on carrier statistics compiled by PIERS, a JOC.com sister company, if the container volumes compiled last year by the China-based carriers were combined, Cosco and OOCL would have ranked fourth among all lines in the US trades in overall container volume and first in imports.
17 Jul 2017
A 13,200 TEU vessel that is the largest ever to enter the Port of New York and the US East Coast passed under the newly-elevated Bayonne Bridge Monday afternoon.