Latest news from Heavy Lift & Project Forwarding International Magazine

Cosco completes OOCL takeover

Cosco Shipping has completed the acquisition of Orient Overseas International Ltd (OOIL) and its subsidiary Orient Overseas Container Line (OOCL).

Earlier this month, Cosco Shipping secured approval from the Anti-Monopoly Bureau of China to proceed with the USD6.3 billion takeover.

Cosco Shipping now operates a fleet of approximately 400 vessels with a combined capacity of 2.7 million teu.

www.ooilgroup.com

en.chinacosco.com

www.oocl.com

Heavy Lift | News

Cook steps up at deugro thumbnail image

Cook steps up at deugro

March 26 - deugro has appointed Emma Cook as business development director – Oceania.
Views: 146
Liebherr retrofits for Burger thumbnail image

Liebherr retrofits for Burger

March 26 - Liebherr has retrofitted two LTM 1500-8.1 mobile cranes with low temperature equipment and an altitude package for Chilean crane contractor Burger Grúas.
Views: 156
Shipping confidence remains resilient thumbnail image

Shipping confidence remains resilient

March 26 - Despite ongoing geopolitical uncertainty, confidence in the shipping industry has risen in the last three months, according to the latest shipping confidence survey from shipping adviser and accountant BDO.
Views: 192

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.