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

AAL delivers for Stockyard thumbnail image

AAL delivers for Stockyard

February 19 - AAL has transported a 305-tonne Toshiba transformer for Australia’s Stockyard Hill wind farm in Victoria on behalf of Cargo Line International. 
Views: 127
Slowing growth threatens shipping thumbnail image

Slowing growth threatens shipping

February 19 - As the International Monetary Fund (IMF) revises its predictions for global growth in 2019 and 2020 - down to 3.5 percent and 3.6 percent respectively - BIMCO says the risks are piling up for the shipping industry.
Views: 137
ARRC names TSL as agent thumbnail image

ARRC names TSL as agent

February 18 - Atlantic Ro-Ro Carriers (ARRC) has appointed TSL Shipping & Trading as its sales agent in the US Gulf. 
Views: 311
Bolloré and Cosco strengthen ties thumbnail image

Bolloré and Cosco strengthen ties

February 15 - Bolloré Transport & Logistics and Cosco Shipping Lines have signed a memorandum of understanding (MoU) to strengthen their commercial relationships, while exploring new opportunities for cooperation in transport, logistics and port infrastructure.
Views: 896

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