Shipping
Asia-NAWC capacity volatility more than triples
Asia-NAWC capacity volatility more than triples
Containers lost at sea up more than double in 2024
Hong Kong launches up to HK$2M bunkering incentive for LNG, methanol
Sea-Intel finds top deep-sea ports among least reliable
Port of NY/NJ tops US cargo port rankings in May
Maersk to resume port calls in Haifa
Ningbo-Zhoushan Port sets H1 container record
Mawani privatizes cargo terminals at 8 Saudi Ports
BIMCO: Stable demand outlook despite market uncertainties
Hapag-Lloyd rebrands SAAM Terminals
Port of Savannah achieves third month of over half-million TEUs
CMA CGM names Esra Bora as new general manager in China
Maersk halts port calls at Haifa citing threat risks
First mega-boxship transits the Suez Canal in 15 months
ONE adds 13,900 TEU vessel to fleet
Freightos: Iran-Israel conflict not impacting freight yet
CMA CGM says shipping activities ‘proceeding as normal’ in the Middle East
Sea-Intel: Niche carriers seizing Transpacific opportunity again
Hong Kong marks first SIMOPS LNG bunkering at Modern Terminals
Tariffs put brake on cargo volume growth at Port of Los Angeles
MPA, NYK Group expand autonomous ship trials
PSA International joins Global Centre for Maritime Decarbonisation
Chengdu-Shenzhen-Hong Kong rail-sea service launches
Global schedule reliability continues to increase in 2025
Sea-Intel: Major ocean carriers profitability around US$5.9B in Q1 2024
Gebrüder Weiss expands into Thailand
DP World, VIMC Lines launch domestic coastal logistics service
Singapore, France ink enhanced maritime partnership agreement
CMA CGM launches first fully-electric container barge in Vietnam
MSC container ship sinks off India coast
Port of Savannah container trade up 17% in April
DP World to launch US$2.5B logistics infrastructure investment in 2025
Port of Long Beach sees record April, warns of sharp May drop amid tariff impact
Suez Canal introduces rebates to regain containership traffic
CMA CGM warns extended China-US tariffs could disrupt global trade
U.S. slashes ‘de minimis’ tariff on small China parcels to 30%
LA, Long Beach ports warn of continued tariff uncertainty
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US-China tariff pause offers temporary relief, could fuel another frontloading rush
Transpacific shipping faces capacity cuts as trade war escalates
Houthi ceasefire raises prospect of container traffic returning to Red Sea
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PSA BDP takes majority stake in Mexico’s ED Forwarding
Xeneta: ‘Ships for America Act’ adds more uncertainty to container shipping market
JAFZA marks 40 years with record US$190B in trade
Seafrigo expands multi-modal services to support global expansion
US port fees to have minimal impact on Transpacific niche carriers
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S&P: Liner shipping contributes US$1.1T to U.S. GDP
deugro Thailand delivers critical reactors for sustainable fuel production
Emirates Shipping Line joins World Shipping Council
Japanese shipyards may benefit from US port fees on Chinese vessels
MOL opens office in Washington, D.C.
Red Sea disruptions push shipping carbon emissions to record high in 2024
Port of LA expects a double-digit volume decline in the second half amid tariffs
DP World sources 65% of its electricity from renewables in 2024
Hapag-Lloyd: 30% of China’s US-bound shipments canceled
Port of Antwerp-Bruges says impact of US tariffs minimal for now
COSCO says planned US port fees threaten shipping, global supply chains
Yang Ming extends lease at Kaohsiung Port, acquires new containers
Transpacific sees surge in blank sailings amid escalating tariffs
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Port of Long Beach becomes the busiest U.S. port in Q1
IMO approves net-zero regulations for global shipping
India ends transshipment facility for Bangladesh exports
US softens stance on proposed port fees for Chinese vessels
Adani’s Colombo Terminal commences operations
OOCL NAMES ITS 12TH AND FINAL 24,188 TEU MEGA VESSEL
August 23, 2024

Orient Overseas Container Line Co., Ltd. (OOCL) has named its twelfth 24,188 TEU mega-ship “OOCL Portugal.”
The new vessel — named at Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) shipyard — is the last in the 24,188 TEU eco-friendly mega vessel series.
Michael Xu, director and member of the Executive Committee of OOCL, said the naming of the company's latest 24,188 TEU new vessel represents a "significant milestone" for OOCL's development.
"The delivery of this series of mega vessels not only optimized the operational safety of vessels but also provided us with the advantages of energy efficiency and economies of scale, allowing OOCL to provide better and greener services to enhance our competitiveness in the face of future challenges," he added.
"OOCL will stay true to our mission of providing first-class shipping services and being the vital link to world trade, and the commitment to pursuing excellence," Xu further said.
OOCL invited Laura Liang Aron, director of the Hong Kong Economic and Trade Office in Shanghai, to name the new vessel and Ni Zhao, regional head (Shanghai) of the Hong Kong Shipping Registry, as a special guest.
Meanwhile, while OOCL did not specify where the new mega vessel will be deployed, the other new builds of OOCL on the same weight class are serving OOCL's Asia-Europe service LL1.
The two 24,188 TEU mega vessels introduced in June will follow the Qingdao - Shanghai - Ningbo - Xiamen - Yantian - Singapore - Cape of Good Hope - Felixstowe - Zeebrugge - Gdansk - Wilhelmshaven - Cape of Good Hope - Singapore - Yantian - Qingdao port rotation.
