Hong Kong
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Europe
Diana Containerships brings vessel out of lay-up for OOCL charter
Greek owner Diana Containerships is reactivating 2006-built post-panamax container vessel for a 13-month time charter contract with Hong Kong’s Orient…
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Greater China
OOCL outlines battle plan for ‘turbulent times’
Orient Overseas (International) Limited (OOIL), the Hong Kong-listed parent of containerline OOCL, reported today its worst full year results since…
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Greater China
Pacific Basin buys first ship since 2015
After a week of intense competition and bidding for the United Prestige kamsarmax owned by troubled Japanese owners United Ocean…
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Europe
Diana Containerships fixes post-panamax to OOCL
Diana Containerships has found work for 2004-built post-panamax container vessel , signing a time charter contract with Hong Kong’s OOCL.…
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Greater China
Fred Cheng slams VLCC talk as ‘fake news’, aims to grow cape fleet
Fred Cheng, the former tanker tycoon, has rubbished broking reports linking him with a return to VLCCs, telling Splash he’s…
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Europe
Caravel snaps up Diana Shipping panamax on charter
Caravel Shipping has snapped up the 2001-built panamax bulker from Greece’s Diana Shipping. The charter is for a period of…
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Greater China
Pacific Basin offloads supramax
Hong Kong’s largest shipowner by fleet size has offloaded a middle-aged supramax. Brokers report Greece’s Vulcanus Technical has paid $4.9m…
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Dry Cargo
Fred Cheng buys second cape
Best known as a tanker tycoon Fred Cheng has decided to focus on capesizes in his initial fleet buildup. Lion…
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Greater China
Shareholder retreat suggests all bets are off regarding sale of OOCL
Shares in the parent of Orient Overseas Container Line (OOCL) plummeted nearly 10% today as the company reiterated comments first…
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Greater China
OOCL denies Cosco bid
Officials at Hong Kong’s Orient Overseas Container Line (OOCL) remain coy over a possible takeover or merger. Widespread reports have…
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Greater China
Cosco Shipping in talks to buy OOCL
Cosco Shipping is readying a bid of more than $4bn to take over Hong Kong’s Orient Overseas Container Line (OOCL),…
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Greater China
OOCL share price leaps as Cosco hoves into view
Shares in the parent of much sought after Orient Overseas Container Line (OOCL) soared today on the Hong Kong Stock…
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Europe
CMA CGM tipped to take over OOCL
France’s CMA CGM, fresh from gobbling up Neptune Orient Lines (NOL), is being widely tipped to be the suitor to…
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Greater China
Why OOCL will tempt many
So no surprise that talk of Orient Overseas Container Line (OOCL) being bought out dominated hits this week here at…
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Greater China
OOCL takeover talk picks up
Speculation over Orient Overseas Container Line (OOCL) being up for sale has seen the share price of its parent firm…
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Greater China
Cosco and Hutchison agree to terminal management collaboration
Cosco Shipping Ports and Hutchison Port Holdings Trust has announced that Hong Kong International Terminals (HIT), COSCO-HIT Terminals (CHT), and…
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Americas
Asia Maritime Pacific merges with Sono Shipping
Hong Kong bulker firm Asia Maritime Pacific (AMP) has merged with Sono Shipping from the US. “Sono Shipping will now…
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Greater China
Online P&I Club comparison tool launched
Asian marine insurance firm Latitude Brokers has launched an online P&I Club comparison tool. Called Pilot, the software launches ahead…
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Greater China
Cautious optimism at Hong Kong dry bulk gathering
There was a mood of cautious optimism at today’s fifth annual SinoShip Dry Bulk Business Breakfast held in Hong Kong.…
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Greater China
Panamax boxship value destruction unparalleled in recent history
With news overnight coming in from broking reports that a seven-year-old panamax boxship has been sent for scrap, Tim Huxley,…
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