Is OOCL on the block?

In-Depth by WCN Editorial

Talk has quietened down on whether OOCL, which is listed on the Hong Kong Stock Exchange, but is majority controlled by the Tung family, will be sold. OOCL has a history dating back to the early years of the container shipping industry, and is viewed as a medium-sized carrier these days, hauling about 6M TEU of cargo a year, and with a decent operating presence in the Asia/Europe, transpacific and intra-Asia trades. It is about to leave the G6 Alliance in favour of the Ocean Alliance.

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In-Depth Mergers/Acquisitions/Restructuring OOCL

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