Seven ocean carriers blocked empty container returns to New York-New Jersey marine terminals last week as import volumes swell due to West Coast freight diversions.
Orient Overseas Container Line (OOCL)
Orient Overseas Container Line (OOCL)
Hong Kong-based is a large integrated international container transportation, logistics and terminal company with offices in seventy countries.
In 2017, Cosco Shipping Holdings and Shanghai International Port Group made its cash offer to buy the Orient Overseas International Ltd. (OOIL), parent company of OOCL. At the time of its acquisition by COSCO, OOIL group’s affiliates included not only OOCL but CargoSmart, OOCL Logistics, Long Beach Container Terminal and Kaohsiung Container Terminal.
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