Corporate
Significant Events  
2016

December

OOCL successfully completed the Renewal Audit of its Quality Management System (QMS) to meet the new ISO9001:2015 requirements where areas such as risk-based thinking; leadership involvement in QMS, and the demonstration of leadership at the second tier management level have been growing in importance.
On December 8, the “OOCL France Branch” (OFB) was established as the sixth branch office. The branch office is AEO (Authorized Economic Operator) certified and in compliance with the supply chain security standards in Europe.

November

On November 1, OOCL Logistics received the “National Advanced Logistics Enterprise 2016” and the “China TOP100 Logistics Enterprise 2016” awards at a ceremony organized by the China Communications and Transportation Association (CCTA) in Suining, Sichuan province. The awards program recognizes and encourages industry-leading enterprises like OOCL Logistics that have made outstanding contributions to the logistics industry.
On November 3, OOCL joined OCEAN Alliance partners in signing a document entitled the “Day One Product”, which sets out the proposed OCEAN Alliance’s network, including port rotation for each service loop.
On November 9 in Shanghai, the Tung family was presented with the BIMCO 2016 President’s Award at a dinner event hosted by BIMCO, the Shanghai Pudong New District Shipping Service Office and Shanghai Lujiazui Financial and Trade Zone Development Bureau. OOIL Chairman, Mr. C C Tung, represented the family to receive the award in recognition of, and respect for, the Tung’s longstanding contributions to the shipping and maritime industry since the time of Mr. C Y Tung, the founder of OOCL.
At the Lloyd’s List 21st annual Australian Shipping & Maritime Industry Awards, OOCL was very honored to receive both the “Liner Trade: Australia-North East Asia” and “Customer Service” awards at a ceremony with hundreds of industry peers and friends on November 16 in Sydney, Australia.

October

On October 7, Long Beach Container Terminal, together with the Port of Long Beach, was honored to accept the prestigious Clean Air Award for “Business Leadership in Air Quality Achievement” from the South Coast Air Quality Management District at its 28th annual Clean Air Awards luncheon. The award acknowledged the dedication and commitment of the recipients to reduce pollution in Southern California through the Middle Harbor Redevelopment Project.
On October 20, OOCL was named “Containership Operator of the Year” in front of hundreds of industry peers at the Lloyd’s List Asia Awards ceremony held in Singapore. OOCL won the award for 2016 among some of the top industry players in the industry, recognizing OOCL’s outstanding business performance and commitment to corporate sustainability.

September

CargoSmart proudly introduced BoxSnap, a free smartphone app that allows users to easily collect and share the container weight information of their shipments to comply with the Safety of Life at Sea Convention’s Verified Gross Mass requirements. This innovative app simplifies and expedites the process for shippers, truckers and cargo weighing parties to obtain the VGM information in order to ensure full compliance and smooth cargo flow in the supply chain.

August

OOCL announced the extension of an existing service between China and Ho Chi Minh/Laem Chabang (CHL) by forming two loops, the North PRC/South PRC shuttle and the Central PRC shuttle where port calls to Incheon, Ningbo and Xiamen would be included. The enhanced services offers comprehensive port connections with competitive transit times between China and Ho Chi Minh/Laem Chabang.
Orient Overseas (International) Limited and its subsidiaries announced its Interim results with a loss attributable to equity holders, after tax and non-controlling interests, of US$56.7 million for the six-month period ended 30th June 2016, compared to a profit of US$238.6 million for the same period in 2015.
OOCL was recognized as a “Gold Winner” in the 2016 Pre-shipment Declaration Awards Scheme, the first award program launched by the Hong Kong Customs and Excise Department for Sea Cargo Carriers. The Scheme recognizes companies that take proactive steps to submit cargo information to the Department well in advance for improvements to the overall efficiency of custom clearance which thereby facilitates international trade and helps sustain Hong Kong’s competitiveness as a logistic hub.

July

On July 1, Mr. C C Tung, Chairman of OOIL was awarded with the Gold Bauhinia Star by the Hong Kong SAR Government for his long and distinguished public services, particularly his dedicated support and notable contributions to the development of the logistics and maritime industries over the past years.
Under the newly formed Asia Australia Consortium (A3) where OOCL is a member, a joint announcement was made to launch three dedicated services, namely the Northern Express, Central Express and Southern Express, connecting 10 major North East Asia ports with Sydney, Melbourne and Brisbane in Australia.
OOCL announced the introduction of a new Asia-Adriatic service to enhance the Asia-Europe network. It is the only dedicated service with coverage between Asia and the Adriatic region, including Italy, Slovenia and Croatia, on top of its extensive inland network throughout Central Europe.
OOCL took a further step forward in Greenhouse Gas (GHG) reporting by extending the scope to include container terminals, namely Long Beach Container Terminal, LLC. in the United States and Kaohsiung Container Terminal in Taiwan, China. By extending the data disclosure and verification to the terminals is an excellent example of OOCL’s commitment to sustainability in the global supply chain.
On July 21, more than 20 OOCL vessels received the Automated Mutual-Assistance Vessel Rescue System (AMVER) Awards for the year 2015 at the annual Hong Kong Shipowners Association Luncheon and AMVER Awards Ceremony, during which the United States Coast Guard acknowledged and thanked all those who supported the AMVER mission over the years.
OOCL Logistics announced the expansion of the Airfreight Forwarding business unit to offer a wider range of air services to transport customer’s time sensitive cargo more efficiently and cost effectively.

May

On May 31, OOCL received 5 Awards and 11 Certificates from the Hong Kong Observatory, World Meteorological Organization and Intergovernmental Oceanographic Commission of UNESCO for providing vital weather related data that contributed to ship navigational safety and climate change research in the South China Sea.

April

On April 20, OOCL joined three other leading container shipping lines to sign a Memorandum of Understanding to form the OCEAN Alliance, offering competitive products and comprehensive service networks covering the Asia-Europe, Asia-Mediterranean, Asia-Red Sea, Asia-Middle East, Trans-Pacific, Asia-North America East Coast, and Trans-Atlantic trades.

March

On March 1, OOCL and Kaohsiung Container Terminal received the “Golden Vessel Awards” from the Taiwan International Ports Corporation for operationally efficient and environmentally friendly initiatives in reducing emissions.
Orient Overseas (International) Limited and its subsidiaries announced a profit attributable to equity holders for 2015 of US$283.9 million, compared to a profit of US$270.5 million in 2014.

February

In appreciation of OOCL’s efforts towards environmental protection, the “Hong Kong Green Organization” certificate was awarded by the Hong Kong Green Organization Certification program jointly established by 11 public bodies in Hong Kong, including the Environmental Protection Department of the Hong Kong SAR Government.
OOCL announced that no cargo bookings for whale, shark, dolphin, and their related products will be accepted with immediate effect. This new global policy helps reinforce OOCL’s commitment to sustainability and best practices in the industry.

January

OOIL became the first Hong Kong company in the industry to be listed on the “FTSE4Good Global Index.” Established since 2001 the Index is one of the world’s most recognized and respected indices measuring the performance of companies demonstrating strong Environmental, Social and Governance (ESG) standards for investors committed to socially responsible investments.
CargoSmart announced premium features to its sailing schedule search engine called “Big Schedules”. Available on a subscription basis, the new features offer helpful information, such as shipping schedules and vessel tracking, for shippers and logistics service providers to gain deeper insights into their shipment planning.
OOCL Logistics announced the grand opening of a new logistics centre in Guangzhou of Guangdong province on January 15 as part of the strategic plan to enhance logistics capabilities and ensure quality services in the domestic logistics business in China.
To expand business opportunities, OOCL Logistics established its Cold Chain Logistics Center, a four-block multi-temperature zone controlled facility, located at the Kunming Economic and Technology Development Zone in southern China’s Yunnan province.
On January 28, OOCL received an Award for “Asia's Best Corporate Social Responsibility (CSR) Communication within Annual Report” at the Asia Sustainability Reporting Awards Ceremony organized by CSRWorks International in Singapore.