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CMA CGM, OCEAN Alliance roll out Day 8 Product
15 March 2024 12:37 PM GMTDAY 8 Product will offer CMA CGM customers optimised solutions to transport their goods, in particular to and from Asia
CMA CGM, COSCO, Evergreen & OOCL extend OCEAN Alliance till 2032
27 Feb 2024 9:19 AM GMTOCEAN Alliance covers 7 major East/West trades & connects Asia to Europe, Mediterranean, Middle East and America
OOCL Q4 revenue drops 49%, liftings up 7%
10 Jan 2024 3:02 PM GMTFull year revenue was down 60% at $7.5 billion, liftings up marginally
OOCL Q3 revenue drops 65%
10 Oct 2023 3:00 PM GMTAverage freight rate down 67% to $943/TEU from $2,885/TEU in Q32022.
OOCL reports 40% increase in 2022 profit at $10bn
22 March 2023 2:24 PM GMT"Timing of any improvement depends on a long list of macro-economic factors & growth of supply and demand"
OOCL Q2 revenue up 52% to over $5bn
7 July 2022 2:40 PM GMT"Severe congestion around the network drove down liftings by 5.6 percent to 1.8 million TEUs.”
OOCL reports $7.4bn operating profit in 2021
28 March 2022 9:59 AM GMTCompany has ordered 10 new 16,000 TEU vessels for delivery in 2024 and 2025.
OOCL doubles 2021 revenue to $15.7 billion on higher freight rates
25 Jan 2022 8:00 AM GMTHong Kong-listed Orient Overseas Container Line (OOCL) more than doubled revenue (unaudited) to $15.7 billion for the year ended December 31, 2021...
APM Pipavav receives COSCO/OOCL’s inaugural China-India Express vessel
29 Jun 2021 5:06 AM GMTJune 29, 2021: APM Terminals Pipavav received the first call of CI1 (China-India Express) service operated by Cosco/OOCL, last week.
COSCO/OOCL’s CI1 service to make port call at APM Terminals Pipavav
28 April 2021 8:05 AM GMTApril 28, 2021: APM Terminals Pipavav announced that it has secured CI1 (China-India Express) service operated by COSCO/OOCL.