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OOIL Ready for Potential Headwinds
COSCO-owned OOIL wrapped up 2019 with a significant earnings growth despite market uncertainties. [[ This is [...]
OOCL Orders Five 23,000 TEU Giants in China
Orient Overseas Container Line Limited orders five 23,000 TEU boxships at COSCO yards in China. [[ [...]
OOIL Wraps Up Long Beach Container Terminal Sale
The terminal was sold as part of COSCO's USD 6.3 billion takeover of OOIL. [[ This [...]
OOIL Swings Back to Profit in H1
OOIL, parent company of OOCL, managed to return to profit in the first half of 2019. [...]
OOIL Selling Long Beach Terminal for USD 1.78 Bn
OOIL is to sell the Long Beach Container Terminal to Macquarie Infrastructure Partners for USD 1.78 [...]
Tung: COSCO-OOIL Merger Will Create an Industry Leader
Details of OOIL-COSCO merger revealed as the duo maps out joint future. [[ This is a [...]
US Grants Security Clearance to COSCO’s OOIL Deal
The US-based interagency committee clears COSCO's proposed acquisition of Orient Overseas International Ltd (OOIL). [[ This [...]
Report: COSCO’s OOCL Acquisition to Be Finalized by the End of June
The proposed takeover of OOCL by COSCO Shipping is expected to be completed by June 30. [...]
US Regulator Gives Nod to COSCO’s OOIL Takeover
COSCO Shipping Holdings’ takeover bid for Orient Overseas International Limited (OOIL) has passed the anti-trust review [...]
COSCO Shipping Holdings’ Shareholders Okay OOIL Takeover
The shareholders of COSCO Shipping Holdings Co. passed special resolutions at the extraordinary general meeting held [...]