OOCL gains market share in Q1, with 'very strong' financials unveiled by Cosco
Volumes carried by Cosco-owned container line OOCL in the first quarter soared, compared with the ...
An OOCL vessel involved in a near-miss incident while under tow through the Panama Canal may face a ‘disruption charge’, a new tariff which came into force this year.
The Panama Canal Authority (ACP) introduced the controversial new charge for vessels disrupting canal operations, and it varies by ship size, the largest neopanamax vessels facing a $250,000 fee in the event of a serious incident.
The scope of offences includes mechanical issues that cause a vessel to lose propulsion and block the ...
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