December
• On 7th December, OOCL and its partners signed the OCEAN Alliance Day 7 products to offer customers with upgraded shipping options with higher capacity, lower carbon emissions and refined port rotation starting from 1st January 2023.
• IQAX was named as a winner of the 2022 Top Software & Technology Providers award by Food Logistics, a publication dedicated to covering the movement of product through the global cold food supply chain.
• OOIL was selected by Dow Jones Sustainability Indices (DJSI) to become a constituent of Dow Jones Sustainability Asia/Pacific Index, effective from 19th December, 2022.
• OOIL was included in the FTSE4Good Developed Index, created by the global index and data provider FTSE Russell, effective from 19th December, 2022.
November
• OOCL launched a new service East Africa Express 5 (EAX5) in its Asia –Africa network to provide a comprehensive port coverage in the regions.
• OOCL was delighted to receive the “Outstanding Performance Award in Port State Control Inspection for the year of 2021” award from the Hong Kong Marine Department on 8th November 2022 in recognition of its excellent work in maintaining fleet quality and contribution in upholding the reputation of the Hong Kong flag.
• OOCL received the Distinction Award (Large Organization Category) of the Hong Kong Sustainability Award 2022 from The Hong Kong Management Association on 22nd November.
October
• On 28th October, OOCL signed newbuilding contracts with shipyards Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) for seven methanol-compatible 24,000TEU container vessels. The cost of each vessel will be US$239.85 million, being a total investment by OOCL of US$1,678.95 million. The green fuel technologies to be applied on these new vessels, most notably for the methanol dual fuel engines, constitute a significant milestone in OOCL’s decarbonization journey.
September
• Effective from 5th September, OOIL was listed as a constituent stock on the Hang Seng Corporate Sustainability Index ("HSSUS") and the Hang Seng ESG 50 Index.
• OOCL was named the “Best Green Shipping Line” at the 2022 Asian Freight, Logistics and Supply Chain (AFLAS) Awards for its efforts and resolute commitment to achieving environmental excellence and sustainability.
August
• OOCL completed the first trial use of marine biofuel in its fleet. The biofuel supplied by Chevron Singapore was blended with ISCC certified Used Cooking Oil Methyl Ester as a 22% component in the VLSFO. The 41-day trial voyage of M.V. “OOCL YOKOHAMA” commenced on 26th June and ended on 5th August.
• IQAX was named as the ‘2022 Top 30 Cases on Innovation of Shipping and Logistics Industry’ by China Shipping Gazette and the China Communications and Transport Association, Shipping & Logistics Committee.
• OOCL received the Gold Award (Services Sector) at the 2021 BOCHK Corporate Environmental Leadership Awards Ceremony held on 17th August 2022 in Hong Kong for its continuous commitment to promoting environmental and low-carbon best practices.
• On 19th August, OOIL announced a profit attributable to equity holders of US$5,663.6 million for the six-month period ended 30th June 2022, compared to a profit of US$2,810.9 million for the same period in 2021.
• On 23rd August, OOCL received the “Regional Award” at the “2022 Singapore Environmental Achievement Awards (SEAA)” from Singapore Environment Council. This was the sixth award OOCL has received at the SEAA ceremony for its long-standing commitment and dedication to environmental stewardship.
• OOCL Logistics announced the launch of “E-Trucking” solution on OOCL’s FreightSmart platform, providing full process trucking solutions to meet the evolving needs of customers.
July
• IQAX was recognised as one of the top 10 digital twin solutions providers in the Asia Pacific region by CIOoutlook magazine.
• OOCL announced the adoption of Electronic Bills of Lading (eBL), in order to enhance the efficiency of the global supply chain, reduce the carbon footprint of each shipment, and bring customers the ultimate shipping experience.
June
• Effective from 13th June, OOIL was listed as a constituent stock of Hang Seng Index. Launched in 1969, the Hang Seng Index, or "HSI", includes the largest and most liquid stocks listed on the Main Board of the Hong Kong Stock Exchange, and is world renowned as being representative of Hong Kong stocks. OOIL was also included in the HSI ESG Enhanced Index and HSI ESG Enhanced Select Index.
• OOCL introduced a brand new Transpacific Latin Pacific 6 (TLP6) service in its Asia – Latin America network which would provide a comprehensive port coverage between North East Asia and West Coast South America.
• OOCL and PSA Corporation Ltd (PSA) successfully completed a joint pilot project to integrate and enhance the flow of container between two PSA facilities – Keppel Distripark (KD) and the On-Dock Depot (ODD). The enhanced flow of empty containers between KD and ODD can reduce an average of 93% of kgCO2e (kilogram of carbon dioxide equivalent) per trip due to the significantly shorter distance. The collaboration between PSA and OOCL aimed to drive sustainability and productivity among stakeholders in Singapore’s logistics and supply chain industry.
• IQAX launched IQAX eBL, a blockchain-based, contactless document management digital solution. IQAX eBL was the first electronic bill of lading solution built on GSBN’s blockchain network.
May
• OOIL was selected as a constituent stock of the newly launched Hang Seng Climate Change 1.5℃ Target Index.
• OOCL joined the 2022 Protecting Blue Whales and Blue Skies Program, a Vessel Speed Reduction incentive program covering San Francisco Bay and Southern California zones which aims to reduce air pollution, fatal ship strikes on whales, and underwater noise.
• OOCL Logistics launched its in-house United States Customs Brokerage Service in its end-to-end process to deliver customers an enhanced and integrated package.
April
• OOCL announced a brand-new A3 Express Loop (A3X) to offer express loop between China and Australia. By linking Shanghai, Shekou, Brisbane and Sydney, A3X could provide a comprehensive port coverage to/from North East Asia into Australia’s east coast in addition to OOCL’s existing A3N, A3C and A3S services.
March
• Effective from 7th March, OOIL was included as a constituent stock of the Hang Seng Composite Index ("HSCI"), one of the benchmark indexes of the Hong Kong Stock Exchange. Established in 2001, the HSCI offers a comprehensive coverage of Hong Kong market and is considered a representative indicator of the market performance by many investors and analysts.
• OOCL Logistics became the first freight forwarder partner of GSBN and participated in the piloting of the Cargo Release application in the Netherlands which marked the successful expansion of GSBN’s footprint into Europe. GSBN’s blockchain-empowered Cargo Release system connected all parties involved at the port of import to offer a paperless, highly efficient and transparent digitalized solution, enabling customers to eliminate manual processes and remove any need for physical exchanges of paper documentation.
• On 25th March, OOIL announced a profit attributable to equity holders of US$7,128.1 million for 2021, compared to a profit of US$902.7 million in 2020.
February
• On 17th February, OOCL was presented with Liner Trade Award: Australia-North East Asia at the DCN Australian Shipping & Maritime Industry Awards 2021 to recognise its dedicated work in the region. The company also won the Highly Commended title in the Liner Trade Award: Australia-South East Asia.
January
• IQAX expanded its footprint in mainland China and Asia with the launch of its fully owned subsidiary Shanghai IQAX Information Technology Limited (Shanghai IQAX). Shanghai IQAX will act as the company’s new headquarters in mainland China and drive business development, sales, marketing, customer success and corporate functions.
• OOCL announced the OCEAN Alliance Day 6 products of 2022, bringing new and upgraded shipping options with higher flexibility, reliability, and capacity to the market.
