Hints and tips:
...In May, Orient Overseas Container Line christened the world’s biggest container ship, the OOCL Hong Kong — a bold statement given the industry has been hit hard by overcapacity....
...Container shipping lines such as Maersk and Hong Kong’s Orient Overseas International, parent of Orient Overseas Container Line, carry manufactured and semi-finished goods....
...But the long line of anchored ships waiting in San Pedro Bay to dock at Los Angeles and Long Beach — which handle 40 per cent of US container traffic — serves as a reminder of how many shipping lines still...
...The move to build a global supply chain is in line with a shift in priorities for China....
...The A6 Alliance will join the Grand Alliance – whose members are Germany’s Hapag-Lloyd, Japan’s NYK Line and Hong Kong’s OOCL – and the New World Alliance – made up of Singapore’s Neptune Orient Lines, Korea...
...The Seaspan and Carlyle announcement came as Hong Kong’s Orient Overseas International, owner of OOCL, the container line, announced one of the sharpest rebounds into profit of any company in the sector....
...United Overseas Bank gained 4.7 per cent to S$20.88, DBS Bank added 4.6 per cent to S$15.50, while container carrier Neptune Orient Lines jumped 8 per cent to S$2.30....
...CC Tung, chief executive of Hong Kong’s Orient Overseas International (OOIL), makes the call in an article being submitted to several publications worldwide to mark the 60th anniversary of China’s Communist...
...Asian operators such as Singapore’s Neptune Orient Lines and Hong Kong’s Orient Overseas Container Lines, whose smaller ships until recently looked a liability, now appear better placed than others....
...Neptune Orient Lines, one of the world’s largest container carriers, recently said it would lay off 1,000 employees or 9 per cent of its workforce and issued a profit warning....
...If Maersk Line had the same cost structure as APL – the container line owned by Singapore’s Neptune Orient Lines (NOL) – filled its ships as fully and carried the same types of cargo, it would be two-and-a-half...
...CMA CGM’s figures follow strong profit and revenue growth announced over the past five weeks by Singapore’s Neptune Orient Lines and Orient Overseas International, the parent of OOCL, a major container line...
...Last November, Global Terminal was one of four container terminals sold by Orient Overseas International, a Hong Kong shipping group, to the Ontario Teachers’ Pension Plan for a total of $2.4bn (£1.2bn,...
...Hong Kong’s Orient Overseas International has agreed to sell its four North American container terminals to the Ontario Teachers’ Pension Fund for $2.4bn in a deal that creates a new high in valuations in...
...Last month, Hong Kong’s Orient Overseas International sold its terminal business – running two terminals in New York and two in Vancouver – for $2.35bn....
...In the past year, one terminal operator – Orient Overseas International, the Hong Kong-based owner of OOCL, a container shipping line – has sold its North American Terminals for well over 20 times ebitda...
...To Joan Didion, V.S. Naipaul and Tom Wolfe, I owe the inspiration and ambition to write non-fiction that rises to the level of fiction, but All the King?...
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