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Orient Overseas (International) Limited > Corporate > Significant Events > 2008
Significant Events

Year 2008

December

OOCL announced the opening of a new branch office in Kolkata, India on 5th December 2008.  The new office is strategically located in the state of West Bengal in Eastern India.
OOCL was named “Best of the Best” ocean carrier by US-based World Trade Magazine, in a survey of more than 19,000 readers who ship products using ocean carriers.

November

OOCL announced the opening of a new branch office in Mundra, India on 10th November 2008.
OOCL announced the signing of a cooperation agreement with Zhejiang International Maritime Professional Technology College to build an OOCL Maritime Academy.

October

OOCL announced the appointment of Mr Andy Tung as Chief Operating Officer of the OOCL Group, effective 1st January 2009.
OOCL opened its own office on 1st October 2008, OOCL (Poland) Limited Sp.z o.o, based in Gdynia, to develop its business in Poland.

September

OODL’s Double Tree by Hilton in Hua Qiao/Kunshan reached physical completion and scheduled for opening in January 2009.

August

OOCL announced the launch of a new dedicated feeder service between Singapore and Surabaya, Indonesia, which was OOCL’s first dedicated service calling Surabaya.  The new service, solely operated by OOCL, was launched on 11th August 2008 from Singapore.

July

OOIL Group announced a profit attributable to shareholders of US$158.3 million for the first six months of 2008 compared with US$2,216.3 million reported during the first half of 2007.

OOCL’s Global Data Centre was accredited with the ISO27001 Certification, an internationally-recognised code of practice for the management and protection of information security.

OOCL announced the launch of a new Indian Subcontinent East Coast Express (IEX) connecting India and Pakistan to the US East Coast.
OOCL announced a new feeder service between Haiphong in north Vietnam and Kaohsiung in Taiwan with the first service launched on 9th July 2008 from Haiphong.
OOCL joined the Hong Kong-based Climate Change Business Forum as a Gold Member, as part of the company’s ongoing commitment to environmental care.
OOCL-operated Long Beach Container Terminal Inc (LBCTI) was awarded the first San Pedro Bay Ports Air Quality Excellence Award, announced by the Ports of Long Beach and Los Angeles on 16th July in Long Beach, California.
OOCL passed revalidation for the US Customs and Border Protection (CBP) Customs-Trade Partnership Against Terrorism (C-TPAT), and gained a renewal of its certificate.
OODL entered into a Land Use Contract with the government of Shanghai Pudong New district.  The parcel, locating just outside the Pudong inner ring road with easy subway access, was won through an auction in late 2006.


June

OOCL announced a new service, Indonesia–Malaysia service (IMS), combining its existing Jakarta (JKT2) and Penang (PEN) feeder services.  The first service was launched on 3rd July 2008 from Singapore.

May

OOCL opened a Da Nang branch office in the city of Da Nang in central Vietnam on 1st May 2008

April

OOCL celebrated the christening of OOCL Panama, the sixth of its sixteen 4,578 TEU “P” Class vessels ordered with Samsung Heavy Industries Co. Ltd.
OOCL Logistics acquired 83,455 sqm of land in Lingang Logistics Park in Shanghai for warehouse and depot facilities, enabling international customers using Yangshan Port as a gateway for their global supply chain.
For the second consecutive year, OOCL achieved a compliance rate of 100% for the Voluntary Vessel Speed Reduction program with the Port of Long Beach’s Green Flag Incentive Program, for the year of 2007.

March

OOIL announced a profit attributable to shareholders of US$2,547.0 million for the year ended 31st December 2007 as compared with US$580.6 million recorded in 2006.
OOCL celebrated the christening of OOCL Texas, the fifth of its sixteen 4,578 TEU vessels ordered with Samsung Heavy Industries Co. Ltd.
OOCL and its consortium partners announced the upgrade of their ANL/ACE North Asia (AANA) service, serving the vital trade lanes between Japan, Korea, China (including Taiwan), to/from Australia. 

February

OOCL opened a new office in Phnom Penh, Cambodia, on 1st February 2008, enhancing OOCL’s network in the Indo-China region.

January

OOCL celebrated the christening of its fourth in the line of sixteen 4,578 TEU vessels, OOCL Busan, ordered with Samsung Heavy Industries Co. Ltd.
OOCL made a US$100,000 donation to Partners of Parks for the development of the first Universally Accessible Playground in the City of Long Beach.  OOCL also donated US$40,000 to the California-based Long Beach Education Foundation, the Long Beach Unified School District’s fundraising arm.



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(1) The information shown is for reference only (and may be based on data obtained from sources provided by the relevant information provider(s)) and is subject to change without notice. Orient Overseas (International) Limited ("OOIL") and its affiliates and the relevant information provider(s) make no representation and accept no responsibility as to the accuracy, completeness, timeliness and fitness for a particular purpose and expressly disclaims any liability whatsoever for any loss whatsoever arising from or in reliance upon the whole or any part of the information. This information is neither a recommendation, an offer nor solicitation of an offer to buy, sell or trade in any investment. It is not intended to be a statement concerning investment, legal, tax, accounting financial or other professional or expert advice and should not be relied upon as such.
(2) The information may include forward-looking statements about the operations and expected financial results of OOIL and its affiliates. Such statements are inherently subject to uncertainties arising from a variety of factors.