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OOCL recovery continues in 1Q 2018

May 3, 2018 Michael Grinter 0

Orient Overseas International, parent of Orient Overseas Container Line, yesterday released a positive first quarter update with all trades showing an upward swing. At the macro level total container volumes increased 7.5% to 1.58m teu […]

OOCL pairs with Microsoft in AI vision

April 24, 2018 Michael Grinter 0

Hong Kong’s Orient Overseas Container Line yesterday unveiled its partnership with Microsoft Research Asia in a scheme to apply Artificial Intelligence to its shipping network operations. “With MSRA’s efforts and expertise, we expect to save […]

OOCL returns to profit in 2017

March 12, 2018 Michael Grinter 0

Orient Overseas Container Line unveiled a full year net profit of US$137.7m, ably reversing the company’s US$219m loss in 2016. Net profit was achieved off the back of revenue of US$6.1bn, achieving an operating margin […]

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OOCL completes the set

January 19, 2018 Michael Grinter 0

Hong Kong’s Orient Overseas Container Line this week took delivery of its 6th ultra-marge containership, the 21,413 teu OOCL Indonesia. The vessel completes OOCL’s order of 6 G-Class containerships from Samsung Heavy Industries. OOCL’s chief […]

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