Container

Cosco acquisition takes market shares

Orient Overseas Container Lines, which will soon be merged into Cosco, notes "tremendous growth" in cargo volumes on routes to Europe and the US.
Photo: Peter Dejong/AP/Polfoto/Arkiv
Photo: Peter Dejong/AP/Polfoto/Arkiv
by OLE ANDERSEN

Hong Kong-based Orient Overseas Container Lines, OOCL, on track to be merged into expanding Chinese Cosco, has published an annual report for 2017 showing considerable growth in cargo volumes as well as the financial result.

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