OOIL raises USD 120 million for new ships and containers
Cosco-owned OOIL raises USD 120 million through a share issue. The money will be used to finance ships currently under construction, and to buy containers.
Hong Kong-based container line OOCL, which is part of Cosco, raises USD 120 million through a share issue, says OOCL's parent company OOIL in a stock exchange notice.
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