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Orient Overseas Container Line saw mostly improved second-quarter performance across volumes, utilization, and pricing. The post OOCL turnaround on robust trans-Pacific results...
The strong Q2 performance is a clear indication of the financial rewards carriers are reaping from frontloading on the two main trades out of Asia.
OOCL’s second-quarter trading update has reinforced signs of a stronger-than-expected container shipping market, the carrier reporting double-digit gains in both revenue and volume...
OOCL will launch its new Asia-East Africa Service 8, providing direct connections between India and East Africa. The EAX8 service will connect the key Indian gateways of Nhava Shev...
OOCL has named OOCL Grace, its second 24,000 TEU methanol dual-fuel containership. The naming ceremony took place at the Nantong COSCO KHI Ship Engineering (NACKS) shipyard in Chin...
MUSCAT: The maiden call of MSC Loreto, one of the world's biggest ultra-large container vessels (ULCVs), at the Hutchison Ports Sohar container terminal has highlighted the growi...
COSCO Shipping Lines and sister carrier OOCL have added two vessels to their joint Mediterranean–West Africa Express (MWAX) service. The additional vessels increase the service fre...
The Ocean Alliance has revised three CMA CGM-operated Transpacific services. The alliance includes CMA CGM, COSCO Shipping Lines/OOCL and Evergreen. The changes affect the Columbus...
Hapag-Lloyd will introduce a direct call at the Port of Oakland on its WC5 service, strengthening connections between Asia and Northern California. The revised service rotation wil...
It is shaping up to be a profitable year for the ocean carrier’s new CEO Till Ole Barrelet, who took over the top job from Jeremy Nixon on July 1.
COSCO Shipping Holdings reported a weaker profit in the first half of 2026 despite carrying more containers. Group net profit fell 34% to CNY 13.4 billion (US$2.0 billion). Meanwhi...
Old Dominion is positive enough about the rest of the year that it will ramp up capital spending. The post Eyes on sub-70 OR, Old Dominion plans more capex appeared first on Freigh...
Industry sources in Mumbai told the Journal of Commerce that ONE plans to offset its downsized West India-US East Coast capacity by routing cargo via Colombo in Sri Lanka.
Old Dominion is getting very close to having an operating ratio that begins with a six. Second quarter earnings for the LTL carrier produced an OR of 70.1%. It’s a sharp improvemen...
Ocean Network Express will launch Export Carrier Haulage services from inland container depots across India from 20 September 2026. The new service will provide customers with a si...
The ocean carrier expects its China services to remain at or near capacity through peak season after exceeding capacity in July, CEO Matthew Cox said.
Hapag-Lloyd will soon launch the ODeX online invoice and payment portal in Angola. The platform will give customers faster access to invoices and speed up payment confirmation. Mor...
Ocean Network Express (ONE) will change its slot arrangement for services connecting China with the Red Sea. The carrier will leave the RCS ser...
Sallaum Lines has ordered an 8,600-car equivalent unit (CEU) pure car and truck carrier (PCTC) from China Merchants Shipyard, with an option for a second vessel, expanding its newb...
Ocean Network Express (ONE) reported a profitable first quarter for fiscal 2026, overcoming higher fuel costs and geopolitical disruptions through strong cargo demand, disciplined...
Ningbo Ocean Shipping, the liner shipping unit of Ningbo-Zhoushan Port Group, has joined the list of container carriers that have ventured into vehicle transportation. The carrier...
The revamped service from Southeast Asia and South China will also be notable because the vessels will completely discharge their inbound containers in Long Beach and reload for th...
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