Container Carriers Introduce Varied ETS Surcharges to Offset EU Emissions Trading…
As the EU Emissions Trading System (ETS) is set to take effect on January 1, container carriers are unveiling a…
Browsing Tag
OOCL
OOIL Faces Profits Slump but Holds Strong Financial Grounds
Orient Overseas (International) Limited (OOIL), the parent company of OOCL, reported a substantial 80% decline in…
A.P. Moller Maersk Faces Market Share Decline as Rivals Gain Ground
Rivals as MSC and CMA CGM gain ground as Maersk's capacity market share in the container business declines,…
OOCL: Reports Revenue Plunges by 63% in Q2
According to sources OOCL, a subsidiary of COSCO, revealed a staggering 63% year-on-year drop in its second-quarter…
US Banks downgrade stock value of COSCO Shipholding and OOIL
US Banks JP Morgan and Morgan Stanley Issue Divergent Forecasts for COSCO Shipholding and OOIL Amidst Market…
Alphaliner: OOCL Group Generates USD 10MM in Net Profits
Hong Kong-based OOCL line posted net profit of $10bn, thanks to a nearly one-fifth increase in revenue to $19.8bn,…
Double delivery of the world’s largest container ship to MSC
The world's largest ocean carrier, the Geneva-based MSC, last week took delivery of the world's largest new…
Maersk to integrate, not seek new alliance of container lines
Senior Maersk officials have informed Alphaliner the line will be integrated and will not seek to establish another…
OOCL increases profitability of COSCO Shipping
Despite being the smallest sub-brand, previously acquired by COSCO Shipping, OOCL has become increasingly…
OOCL reports first revenue decline since 2020
According to Alphaliner, OOCL reports its first unaudited revenue decline since the first quarter of 2020.