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OOIL bounces back just as it bounces out

August 7, 2017 Michael Grinter 0

Announcing Orient Overseas (International) Ltd’s first half results, Group chairman C C Tung has offered his first comprehensive statement on the pending sale of Orient Overseas Container Line to China Cosco Shipping Holdings and Shanghai […]

Cosco Shipping to acquire OOIL

July 10, 2017 Michael Grinter 0

The waiting is over, six months of speculation has come to an end, Orient Overseas International will, bar the shouting, become part of Cosco Shipping Holdings very shortly. On Sunday a joint press release from […]

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Talk of Cosco bid for OOCL returns

June 22, 2017 Michael Grinter 0

After a six-month remission the market is once again abuzz with talk that Cosco Shipping is out to swallow up Hong Kong’s iconic liner company Orient Overseas Container Line, reportedly for around US$4bn. In January […]

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